UBS invests in property with Jersey-domiciled unit trust

UBS Global Asset Management has launched a Jersey- domiciled unit trust that invests directly into the UBS Triton Property Fund. The portfolio is quite liquid for a property fund, offering twice-monthly entry and exit facilities. Triton is invested in 78 properties, with more than 800 tenancies. Further diversification is gained from the spread across a range of commercial sectors that have included industrial warehouse, office and retail. The portfolio also offers a secondary market service bringing buyers and sellers together. There are six managers of the fund all of which are ...