UBS renews push to increase advisers’ hedge fund use

Investment News – UBS Group AG is preparing to roll out new tools to increase hedge fund use by its financial advisers in the U.S., encouraging increased sales of the alternative investments to a sometimes-reluctant clientele.

UBS is developing a suite of tools that will offer guidance on why advisers should — or in some cases should not — include hedge funds in their asset allocations for clients, according to Andrew Lee, a managing director and head of alternative investments at UBS.

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