UBS Group AG said on Wednesday it will offer a new type of investment fund called NextShares through its U.S. wealth-management unit, becoming the first major distributor for a product that backers hope will replace mutual funds.
As interest rates have continued to fall, return-starved investors have been forced to look at riskier assets in hopes of preserving their previous rates of return.
A historical perspective on current market valuations to help investors answer the valuation question and, in turn, better navigate the markets ahead in 2016.
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UBS Group AG said on Wednesday it will offer a new type of investment fund called NextShares through its U.S. wealth-management unit, becoming the first major distributor for a product that backers hope will replace mutual funds.
MSCI Inc. isn’t usually a name that springs to mind when one thinks of the most powerful players in the global equity market.
