Deutsche nabs UBS banker to head up infrastructure and utilities

Deutsche nabs UBS banker to head up infrastructure and utilities

The German bank has hired UBS executive director Jonathon Platt to head up infrastructure and utilities coverage across Australia and New Zealand.

The asset manager also announces a new low-cost range of ETF Core.

UBS AM unveils core ETF range

UBS Asset Management has rolled out a new Core ETF range. The range, which launched today (12 May), initially houses seven equity ETFs covering all key market indices. The firm expects to add fixed income propositions to the Core range in the near future. The strategies charge a total expense ratio of between 0.03% for an S&P500 tracker, and 0.15% for its core emerging markets offering. Meanwhile, UBS AM is also developing a range of active ETFs…