UBS AM unveils sterling hedged alternative beta ETF range

For US and eurozone equities

UBS Asset Management has listed eight alternative beta ETFs with built-in currency hedging on the London Stock Exchange.

The new products will offer sterling-hedged exposure to systematic factor strategies such as low volatility, value, quality and yield factor tilts in US and eurozone equities. The launches add to the existing suite of alternative beta ETFs listed by UBS Asset Management last September. The ETFs, which were developed jointly with index provider MSCI, are based on the concept of factor premiums. This investment approach relies on the assumption that certain market factors systematically contribute to excess returns versus standard market cap weighted indices. The products offer in...