Market sceptical on whether UBS will maintain ILS operations post-merger
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Market sceptical on whether UBS will maintain ILS operations post-merger

UBS sign.jpg

The future of Credit Suisse’s ILS operation remains unclear, with market sources casting doubt on whether UBS will look to maintain the platform or divest it, as it integrates the two banking asset management businesses.

UBS is said to have explored the ILS space in the early years of the market’s development, but chose not to set up its own offering, instead offering its private clients a route to ILS through recommended external managers....

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