UBS fund administration lured to Big Apple 11 May 2012London Reporter: Georgina Lavers
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It has been reported that the hedge fund administration sector of UBS is launching its first US location in New York, due to demand from clients for a local administrative presence.
UBS fund services division have established offices in Toronto and the Cayman Islands, and started an Asian presence with the opening of new offices in Singapore and Hong Kong in the summer of 2011. It also has bases in Dublin, Luxembourg and Switzerland.
A spokesperson for UBS Fund Services was unavailable for comment.
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