UBS targets Italian clients

UBS is to add a fund of hedge funds for Italian investors after launching one for German buyers in April. UBS has received regulatory approval for the separate hedge fund management company it had to establish for the Italian market, and plans to launch the fund itself in the coming two months. The launches, along with its existing French targeted fund of hedge funds (FoHF), represent a major pan-European effort by UBS, whose German FoHF – Dach-Hedgefonds UBS Hedge Fund – Global Strategies – will be available to retail and private banking clients. The Italian FoHF uses the expertise of ...