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UBS closes its Absolute Return Bond Funds
11/11/08
NZZ: Nach der CS schliesst auch die UBS Anlagefonds, Nov. 10, 2008
UBS announced yesterday that it will close its Absolute Return Bond Funds as masses of clients want to get out of these products. The money is transferred into the UBS money market fund. In the last years UBS's Absolute Return Funds were a heavy sales argument for UBS wealth managers.
XML Feeds- Expertenkommission "Too big to fail"; Schlussbericht
- TOO BIG TO FAIL UND DIE WIEDERHERSTELLUNG DER MARKTORDNUNG, Boris Zürcher, Avenir Suisse
