UBS Global Asset Management is hoping to tap into what it sees as the best US investment opportunities in recent history, with the launch of a US Growth fund on 10 November.
The fund, which will bring UBS’ UK range to 15, will be managed from New York by equity boutique subsidiary Growth Investors and will be initially available with a 1% discount to its 4% charge.
“Whilst acknowledging market volatility, we believe the US currently offers one of the most attractive opportunities to invest in recent history,” says Graham Kane, UBS head of UK retail.
The full story is available at the City Wires web-site.
D.C.