UBS Asset Management has launched its funds onto the ASX's mFund settlement service, adding 11 core funds.
Direct investors will now have access to UBS investment styles across all major asset classes through the ASX's mFund settlement service.
"We are excited to add 11 of our core funds onto the mFunds settlement service," said Alistair Dunne, head of wholesale sales, UBS Asset Management.
"The mFund settlement service will not only open the door to a greater audience of financial planners and retail investors, but will also benefit these investor groups by offering them direct access to a broad array of our investment funds."
"Both single and multi-asset class funds will be offered on mFund, improving ease of investment to a diverse, broad and growing range of managed funds," he said.
UBS announced that it had joined mFund in February this year.
In a statement issued at the time, ASX manager of wealth management services Chan Arambewela said the inclusion of UBS Securities would extend the access of mFunds to a “greater audience” of financial planners and retail investors.
The funds to be added to the mFund settlement service include the UBS Australian Small Companies Fund, UBS Microcap Fund, UBS HALO Australian Share Fund, UBS Australian Bond Fund, UBS Diversified Credit Fund, UBS Diversified Fixed Income Fund, UBS Tactical Beta Fund – Balanced, UBS Tactical Beta Fund – Growth, UBS Tactical Beta Fund – Conservative, UBS Clarion Global Property Securities Fund, and the UBS Property Securities Fund.
The major bank has announced additional charges of $525 million after tax in connection with increased provisions for its customer-related r...
The Commonwealth Bank has advised that it will begin a reimbursement process to current and former staff for lost wages from next week. ...
The major banks have seen their reputations significantly downgraded in an annual perception survey, with AMP placing last out of 60 Austral...