UBS Global Asset Management omitted certain asset information for the survey for the May 31 Pensions & Investments' Largest Money Managers that caused the firm to be excluded from various rankings in the directory.
Additional information has been provided to P&I for incorporation into the online version.
The most notable adjustments to the rankings are:
• UBS Global Asset Management is tied for eighth in “Real estate equity managers,” with $9.043 billion;
• UBS Global Asset Management is listed as third in the “Hedge fund managers by total U.S. institutional, tax-exempt assets,” with $10.596 billion total, of which $2.659 billion is in hedge funds and $7.937 billion in hedge funds of funds.
William Drobny
Head of institutional marketing
UBS Global Asset Management (Americas) Inc.
Chicago
