POWERED BY MOMENTUM MEDIA
Bloomberg buys UBS bond indexes
UBS has sold its bond index catalogue to global index and news provider Bloomberg.
Bloomberg says the acquisition, which will include more than 500 bond indexes, will support transparency in the Australian fixed income landscape.
The former UBS indexes will be renamed “Bloomberg AusBond Indexes” and still be available on multiple platforms.
Pricing information will be calculated and published daily, Bloomberg said.
“This acquisition provides true independence to an index family used extensively by institutional investors and asset managers,” Bloomberg Indexes head Srikant Dash said.
“We are committed to a seamless transition in Australia and will continue to leverage Bloomberg’s heritage in bond markets to bring independence and transparency to fixed income benchmarks, globally.”
UBS head of FX, Rates & Credit Duncan Haig said UBS will continue to “concentrate fully” on its Australian fixed income business.
Recommended for you
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
