UBS

Deutsche Asset & Wealth Management has become the latest ETF provider to enter the price war raging across the sector, creating a range of low cost db X-trackers with an all-in annual fee of 9bps.

ON THE US

Alexander Friedman, global CIO at UBS Wealth Management, sees Japan as ‘more of a risk' to investors than China in the coming year.

UBS Global Asset Management CEO John Fraser is to retire from the group, having headed the asset management business since 2001.

GLOBAL EQUITIES

Fund groups are facing a fresh headwind to their expansion attempts as global private banks' buy lists shrink post-RDR.

The Big Question

Veteran fund manager Graham French is to leave M&G, handing over his Global Basics fund to his co-manager. Should holders of the fund consider other options?

UBS Wealth Management UK has poached a six-strong team from Deutsche Bank to broaden its service to financial planners.

THE BIG QUESTION