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UBS fund secures institutional investment

UBS fund secures institutional investment

UBS Global Asset Management’s Dynamic Alpha strategy (DAS) has received $260 million institutional flow from an Australian government funds management organisation.


The institutional investment follows a $400 million institutional superannuation investment late last year, which brings the DAS funds under management in Australia to $740 million.

UBS Global Asset Management Australia head Bryce Doherty said the success of the fund has been driven by a return of active asset allocation globally in combination with a focus on downside risk management.

“With a 30-year track record in managing multi-asset funds globally, and now 20 years in Australia, the breadth and strength of UBS Global Asset Management as an investment house is being recognised,” said Mr Doherty.

UBS outlined that the fund’s objective is to generate returns through active asset and currency allocation, which has delivered a 5.74 per cent gross return per annum above the UBS Bank bill index over the last five years.

UBS Global asset Management has invested assets totalled $743 billion as of 30 June 2014.

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