Union Bancaire Privée has announced a partnership with US equity manager AJO, which will see the latter take over as manager on the UBAM - Neuberger Berman US Equity Value fund.
The fund will be renamed the UBAM - AJO US Equity Value fund and will be managed by ALO's 24-strong portfolio management team, led by company founder Ted Aronson. It will focus on large-cap companies with a value-oriented approach, targeting well-managed companies with quality cash profits, relatively low market valuations, positive price and earnings momentum, and favourable market sentiment. UBP launches US small cap fund in new partnership Nicolas Faller, co-chief executive of UBP Asset Management, said: "The US economy remains strong and is likely to continue to enjoy a relativ...
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