UBS to roll out new currency product to global clients


The Swiss bank identified investor appetite for tools to manage the risks of continued currency fluctuations on international investment, and this development means it can now offer its client base a range of investment and hedging products linked to FTSE WPU.

Tom Paynes, a managing director in the fixed income, currencies and commodities team at UBS in London, envisages the FTSE WPU to be widely used by asset managers, funds and wealthy individuals looking to protect the real value of their

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