UBS AM cuts fees of over 200 ETFs as Credit Suisse integration offers 'increased scale'

Strengthens fee competition

clock • 1 min read

UBS Asset Management has reduced the total expense ratios of more than 200 ETFs due to “increased scale” as a result of its acquisition of Credit Suisse, making its MSCI global ETF one of the cheapest in Europe.

The $252m Ireland-domiciled UBS ETF MSCI World UCITS ETF was cut from 0.30% to 0.10%, according to a document published by UBS AM. The TER now matches that of the HSBC MSCI Europe UCITS ETF, making both funds the cheapest MSCI ETFs in Europe. With an AUM of $3.7bn, the UBS ETF S&P 500 ESG UCITS ETF was the largest fund to have a fee cut, with its TER cut from 0.12% to 0.10% European ETF and ETC inflows soar 80% in 2023 The $3.7bn UBS ETF MSCI Emerging Markets UCITS ETF followed a fee reduction from 0.23% to 0.18%. UBS reported losses last year due to the integration of Cred...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week