UBS launches fund for risk shy DB schemes

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UBS has launched its Diversified Return Fund which aims to produce equity-like returns from a multi asset portfolio but for defined benefit schemes which do not have the risk appetite for full equity-like volatility.

The DRF is the first major product launched since UBS Global Asset Management revamped its UK business with the arrival of John Nestor in February having previously been at Citi and Henderson Globa...

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