UBS Asset Management launched its inaugural Significant Investor Visa (SIV) Fund into the Australian marketplace in September 2015. The UBS Australian Small Companies SIV Fund (the Fund) was designed with the objective of satisfying the SIV emerging companies complying investment criteria, and offers investors access to an actively managed, core style, portfolio of small cap securities.
Zenith Investment Partners5 recently reviewed the Fund and has given it a 'RECOMMENDED' rating, noting the 'resources afforded to the small companies team is a competitive advantage for the Fund," and importantly that 'the Fund is one of the very few funds to be declared compliant under the Australian government's Significant Investor Visa guidelines."
The Fund is managed by a team of four UBS Small Companies specialists, who together hold over 65 years of industry experience, and who have had experienced success with their existing UBS Microcap Fund and UBS Australian Small Companies Fund. In Zenith's announcement they commented that 'this collegiate approach is endorsed by Zenith as we believe that it most effectively leverages off the experience and skill set of the team, as well as the rigorous UBS company research process."
The UBS Microcap Fund achieved over the last twelve months a 20.24%1,2 return (after fees), outperforming its benchmark3 by 17.81%, despite volatile global financial markets. The UBS Australian Small Companies
Fund achieved a total return (after management costs) of 12.37%2 verses its benchmark3 of 0.63% in the last three years4.
"We are delighted to be given a RECOMMENDED rating by Zenith," said Stephen WOOD, Co-Portfolio Manager for the UBS Australian Small Companies SIV Fund. "The UBS small caps team has been offering small cap funds to the Australian market with strong returns for over a decade. We hope that our successful strategy and track record continues to bring the investors of the UBS Australian Companies SIV Fund a stellar performance in the future."
For further information on the UBS Australian Small Companies SIV Fund please click here.
Media contact:
Jen Warat | UBS Media Relations Australasia | +61 2 9324 3286 |
STEPHEN WOOD BIOGRAPHY
Stephen Wood joined UBS Asset Management in 2006. Since then he has been a Co-Portfolio Manager in the Australian Small Companies team, and shares responsibility for analysis of Australian emerging companies.
Stephen first joined UBS Investment Bank in Auckland in 1989 as a research analyst responsible for covering telecoms, airlines, infrastructure and primary producers. In 1993 Stephen transferred to the Sydney office to cover research for transport, telecoms and transport infrastructure. He was the lead analyst at UBS during the period when UBS led the IPOs of Qantas (1995) and Optus (1998).
Stephen left UBS in 2000 and worked at Deutsche Bank and Goldman Sachs prior to returning to UBS Investment Bank in 2003 as a member of the Transport, Infrastructure and Utilities team with lead coverage of transport.
UBS Asset Management
UBS Asset Management, a business division of UBS, is a large-scale asset manager with well-diversified businesses across regions, capabilities, and distribution channels. We offer a comprehensive range of active and passive investment styles and capabilities, across both traditional and alternative asset classes. These include equities, fixed income, currencies, hedge funds, real estate, infrastructure and private equity that can also be combined into multi-asset strategies.
Invested assets totalled CHF 635 billion at 30 September 2015*. The firm is a leading fund house in Europe, the largest mutual fund manager in Switzerland* and one of the largest fund of hedge funds and real estate investment managers in the world.
We have around 2,500 employees located in 24 countries. Our main offices are in Chicago, Frankfurt, Hartford, Hong Kong, London, New York, Paris, Singapore, Sydney, Tokyo and Zurich.