UBS

ON NORTH AMERICA

Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.

UBS Global Asset Management is launching the UBS Sterling Corporate Bond Indexed fund, its first passive fixed income fund for the UK wholesale market.

BIG INTERVIEW

Bill O'Neill has left Merrill Lynch Global Wealth and Investment Management to join UBS.

Graham Glass has joined City Financial to spearhead the group's fixed income operations, as the firm looks to build up its product range in this area.

Justin Wells, manager of the UBS Emerging Markets Equity Income fund, reveals where he is finding the best income opportunities across emerging markets.

Thomas Becket, chief investment officer at Psigma Investment Management, has been selling down his exposure to high yield credit, taking the view the asset class is now priced for perfection.

Investors in some of the UK's worst funds have been urged to dump ten serial underperformers from their portfolios in a study by Chelsea Financial Services.

UBS Asset Management is to become the latest group to boost its passive fund offering in the UK, as it launches the first product in a new range for retail investors.