UBS Global bolsters alternative investment offerings

UBS Global Asset Management, the fund management house, is to expand its alternative investment capabilities by forming an alternative and quantitative investments arm and a separate real estate division.

Alternative and quantitative investments will now be combined into a separate platform alongside O'Connor, the hedge fund firm that is a subsidiary of UBS.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions