UBS licenses 27 MSCI indices for new series of ETFs
UBS Global Asset Management has licensed 27 MSCI Hedged Indices for a new series of ETFs launched this week.
Thomas Merz, head of UBS ETF Europe, says: "By basing our physically replicated ETFs on a range of MSCI Hedged Indices, we are able to offer our clients a way to reduce currency risk and optimise portfolio returns in a transparent and cost-efficient way."
"We are very pleased to license our indices to UBS for the launch of this new series of currency hedged ETFs," says Deborah Yang, managing director and head of the MSCI index business in EMEA and India. "UBS's decision to use nearly 30 MSCI indices as the basis for these new ETFs reflects not only the wide range of indices we offer, but also MSCI's position as the index of choice for the ETF market."
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