UBS slashes fees on fixed income ETF range after AuM soars

Added 20th April 2017

UBS Asset Management has slashed the fee on its ETF Barclays fund after attracting $470m (€437m) of inflows in less than seven months.

UBS slashes fees on fixed income ETF range after AuM soars

The fee for the UBS ETF Barclays TIPS Ucits fund, which was launched in September 2016, has fallen from 0.20% to 0.15% after coming into effect on 1 April this year.

Fees for the currency hedged versions of the ETF have also been cut, to 0.20% from 0.25%.

The cuts were made possible due to the increasing size of the ETFs, UBS said, with total assets now more than $600m.

The asset manager confirmed it would be expanding its fixed income ETF range, and credited growing investor concerns over inflation for the ETF's success.

Clemens Reuter, global head of investment specialists passive & ETFs, said: “After an extended period of low interest rates there is growing evidence in markets of inflationary pressures starting to build, particularly in the US.

"With this innovative fixed income product, our clients are able to protect long-term purchasing power and gain access to an asset class that compounds the real rate of return."

 

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

Features

How should investors respond to ECB tapering?

How should investors respond to ECB tapering?

The improving economic outlook in the euro area has prompted the European Central Bank to consider reining in its monetary stimulus. How should investors respond to the prospect...

Interviews

Fund manager transparency is vital, says Marta Campello

Fund manager transparency is vital, says Marta Campello

Above everything else, Marta Campello of the Spanish wealth manager Abante Asesores wants fund managers to be transparent. And if they are, that could make the difference...

About Author

Louise Hill

Senior Reporter

Louise joined Portfolio Adviser in December 2016 as one of the editorial team’s news reporters based in London. Originally from Liverpool, she is an NCTJ-qualified journalist and began her career in 2014 working on local newspapers.

Top Stories

Inflows stall across emerging market funds in first for 2017

Inflows stall across emerging market funds in first for 2017

Emerging Market equity and bond funds ended their longest inflow streaks since 2013 during the second week of August as investors took some of their year-to-date gains off the table.

UK only region where dividend payments fell in Q2
UK only region where dividend payments fell in Q2

The UK was the only region in the world to see dividends fall in Q2 according to the latest...

Robots, drugs and fees: The key trends that have shaped ETFs
Robots, drugs and fees: The key trends that have shaped ETFs

The last 10 years have seen ETF products grow from pre-teens to fully fledged adults, even...

News

Trump’s ‘fire and fury’ threat wipes $1trn from global markets

Trump’s ‘fire and fury’ threat wipes $1trn from global markets

The drastic fall across global markets following president Donald Trump’s threats...

Published : 17, Aug 2017

IMF warns of 'dangerous' trajectory for Chinese debt

IMF warns of 'dangerous' trajectory for Chinese debt

China’s growth outlook is expected to improve between 2017 and 2021, but the country’s...

Published : 17, Aug 2017

UK gilt funds shine in FE’s passive crown ratings

UK gilt funds shine in FE’s passive crown ratings

More than half of passive UK gilt funds have been awarded FE’s top accolade for their...

Published : 16, Aug 2017

 Could today's India outshine yesterday's China?

Could today's India outshine yesterday's China?

Though it might be tempting to view today’s India as yesterday’s China, Rathbones’...

Published : 16, Aug 2017

Equity bull market not dead yet, says Charles Stanley

Equity bull market not dead yet, says Charles Stanley

The global equity bull market has further to run, despite industry concern it has...

Published : 15, Aug 2017

Events

Expert Investor The Madrid Investment Club 2017
Expert Investor The Madrid Investment Club 2017

Monday 25 & Tuesday 26 September
Melia Hotel, Valencia

Expert Investor Italy 2017
Expert Investor Italy 2017

Tuesday 3rd October 

Hotel Principe di Savoia, Milan

Expert Investor Sweden - Equity 2017
Expert Investor Sweden - Equity 2017

Wednesday 11 October
Grand Hotel, Stockholm

Expert Investor Alternative UCITS 2017
Expert Investor Alternative UCITS 2017

Thursday 19 & Friday 20 October
Grand Hotel Huis ter Duin, Noordwijk

OTHER STORIES FROM LAST WORD...