UBS Asset Management Oversees $17 Billion in Passive Investments for AMP Capital
UBS Asset Management will oversee $17 billion in passive investments for AMP Capital in one of the largest ever mandates handed out in Australia. This will increase UBS Australia assets under management to about $43 billion.
“This will increase UBS Australia assets under management to about $43 billion.”
~ Australian Financial Review
UBS will manage 11 separate passive mandates across fixed income and equities and work with AMP Capital to tailor the exposures. Passive strategies now account for 40% of the assets managed in Australia by UBS Asset Management.
Related Report: Australia Financial Review
Headquartered in Zurich and Basel, the UBS Group is a global firm providing financial services to private, corporate and institutional clients. The UBS Group is present in all major financial centers and has offices in over 50 countries. The UBS Group employs approximately 60,000 people around the world. The UBS Group’s historical roots stretch back more than a century.
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