ZURICH - UBS Asset Management has announced significant fee reductions across several of its exchange-traded funds (ETFs), intensifying the competitive landscape in the European investment market. In a strategic move following its acquisition of Credit Suisse in March 2023, UBS is aligning its pricing with some of the lowest in the industry to attract and retain investors.
The fee for the MSCI World ETF has been reduced to 0.10%, a competitive rate that matches those offered by other key players like HSBC. UBS has also adjusted the Total Expense Ratio (TER) for its S&P 500 ETF to 0.09% and the MSCI Emerging Markets ETF to 0.18%. This pricing strategy aims to enhance the cost-efficiency of UBS's ETF offerings for its clients.
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