US index provider Alerian announced that UBS has selected its global index offerings to act as underlying benchmarks for five new exchange-traded notes (ETNs).
The two firms have first collaborated in 2010 when Alerian launched its first product, a master limited partnerships MLP strategy. We have ambitious goals when it comes to promoting and expanding our index offerings - Robert Hughes “Historically, UBS has always matched our true dedication to the midstream space, but I think what makes the UBS relationship important to us and why it's been successful is the fact that they have not been shy when it comes to working on new ideas,” s
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