UBS and HFR Link Up To Launch Exchange Traded Fund

The Swiss investment bank, UBS (UBS.N)(UBSN.VX) has teamed up with Hedge Fund Research (HFR) to launch a new investment product. The new exchange traded fund gives investors access to many hedge funds consolidates in a single, listed investment.
Switzerland's UBS(UBS.N)(UBSN.VX) said on Friday it had launched an investment product that will give investors access to a broad basket of hedge funds in a single, listed investment.

UBS, Europe's largest wealth manager by assets, teamed up with Chicago-based Hedge Fund Research (HFR) to build the exchange traded fund (ETF) on the U.S. company's widely-watched HFRX Global hedge Fund Index.

"This is a unique opportunity for investors to access the world-leading hedge fund benchmark in a liquid, exchange traded, UCITS compliant form," said Nicolas Samaran, Executive Director in the Fund Derivatives Structuring Group at UBS.

Related to: UBS ETF

Tags: UBS ETF, UBS ETF  Hedge Fund Research, UBS bank, UBS hedge funds, UBS Exchange Traded Fund Hedge Funds

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