UBS to sell hedge fund business to Cantor Fitzgerald

UBS to sell hedge fund business to Cantor Fitzgerald

The Swiss lender’s O’Connor unit, with $11 billion in assets under management, will return to the purview of Bill Ferri, a UBS veteran and O’Connor founder who’s now at Cantor Fitzgerald.

O’Connor investment team to transfer to Cantor Fitzgerald AM following UBS offload

UBS Asset Management has agreed to sell its single manager hedge fund, private credit and commodities platform, O’Connor to Cantor Fitzgerald.  Aleksandar IvanovicThe move will see O’Connor’s investment and support teams transferring to Cantor Fitzgerald’s Asset Management (CFAM) division upon closing. Moreover, the sale will also see O’Connor’s six investment strategies coming under Cantor Fitzgerald’s platform, which equate to approximately $1…

UBS is facing a scandal with complex derivatives that caused customer losses when the dollar fell. Some inexperienced customers were advised by consultants

The financial details of the transaction were not disclosed.

Cantor Fitzgerald Agrees Deal to Buy UBS Hedge Fund Unit

Disruption Banking Cantor Fitzgerald Agrees Deal to Buy UBS Hedge Fund Unit Banks are changing. Many of them, like UBS, are focusing on wealth management. In the case of UBS the Global Wealth Management division increased 21% year-on-year according to the banks’ first quarter 2025 results. To keep strong capital positions and prepare for the future, banks are divesting in some areas. This week Cantor Fitzgerald was […] Artykuł Cantor Fitzgerald …

Cantor Fitzgerald to buy UBS’ O’Connor alternatives investment platform

Financial services company Cantor Fitzgerald has signed a definitive agreement to purchase UBS’s O’Connor alternatives investment platform, which manages approximately $11bn in assets. This acquisition is expected to enhance Cantor Fitzgerald’s asset management division and contribute to the firm’s growth strategy across its various business sectors, including its investment banking operations. UBS O’Connor, which focuses on hedge funds, private…