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UBS AM raises US$1.1B for FMPs, additional US$1.3B in pipeline

UBS Asset Management has raised US$1.1 billion year-to-date for two recently launched fixed maturity products (FMPs), with another three similar strategies in the pipeline for which it aims to rake in an additional US$1.3 billion, Asian Private Banker has learnt. According to sources, UBS Asset Management’s emerging market debts FMP raised US$600 million while its Asia bonds-focused FMP raised US$500…

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