UBS Asset Management (AM) has expanded its exchange-traded fund (ETF) offering with a new core range, and plans to launch its first active ETFs in the coming months.

The launch comprises core equity ETFs that cover all major global indices, including the US, Europe, emerging markets, and Japan.

UBS AM noted that fixed income ETFs will be added to the core range “shortly”.

Alongside the core range, UBS AM is developing a range of active ETFs built around its differentiated fixed income and thematic equities capabilities, to be followed “later” by a series of income-focused ETFs with option overlays.

The asset manager’s core ETFs seek to provide its clients with competitively priced and high-quality building blocks for their investment portfolios.

Commenting on the launch, UBS AM head of client coverage, André Mueller, said: “As the largest Europe-based index manager, and one of the leading ETF providers, we are utilising our scale and expertise to offer a diverse range of core ETFs for our clients.

“We are also planning to provide access to our differentiated active fixed income and thematic equities capabilities through this increasingly popular fund wrapper, complementing our existing offering of specialist, sustainable, and currency-hedged ETFs.”

UBS AM senior adviser, Rory Tobin, added: “Our growing range of ETFs offers clients real choice at a competitive price.

“We believe our new UBS core ETFs are among the most cost efficient in the market, representing a premium-quality choice for investors.

“We will continue to add to our product range to meet clients’ evolving needs, including our upcoming core fixed income and specialist active ETFs.”

UBS AM’s core equity ETFs have been registered for sale in the UK, Austria, Switzerland, Germany, Denmark, Spain, Finland, France, Italy, Luxembourg, the Netherlands, Norway, Portugal, and Sweden.

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