UBS Asset Management (AM) has added eight fixed income funds to its Core exchange-traded fund (ETF) range.

The UBS Core fixed income ETFs will sit alongside the Core equity ETFs, which together aim to provide clients with competitively priced and high-quality building blocks for their portfolios.

The eight fixed income ETFs have been rebranded and given new names, while six of the eight funds will see a fee reduction.

UBS AM’s Core fixed income range includes US and Eurozone government and corporate bonds, as well as inflation-linked and inflation-protected products.

Commenting on the announcement, UBS AM head of client coverage, André Mueller, said the combined equity and fixed income Core ETFs would be attractive to large-scale wealth managers.

“We have seen a strong response from clients to our Core equity ETFs with inflows of over £2.1bn since launch,” Mueller stated.

“We believe the combination of our Core equity and fixed income ETFs will be an attractive proposition for large scale wealth managers, institutional, and retail investors.

“These cost-efficient funds provide the building blocks for portfolios and are complemented by our more specialist, sustainable, and currency-hedged ETFs to help meet our clients’ evolving needs.”

The new range of UBS Core fixed income ETFs are: UBS Core BBG EUR Gov 1-10 UCITS ETF, UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF, UBS Core BBG US Treasury 1-3 UCITS ETF, UBS Core BBG US Treasury 1-10 UCITS ETF, UBS Core BBG US Treasury 10+ UCITS ETF, UBS Core BBG TIPS 1-10 UCITS ETF, UBS Core BBG Euro Area Liquid Corp UCITS ETF, and UBS Core BBG US Liquid Corp UCITS ETF.

The funds are registered for sale in the UK, Austria, Germany, Switzerland, Denmark, Spain, Finland, France, Italy, Luxembourg, Liechtenstein, Netherlands, Norway, Portugal, and Sweden.

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