UOB Asset Management launches first fund for retail investors to access alternative investments

SINGAPORE (June 20): UOB Asset Management (UOBAM), a wholly-owned subsidiary of United Overseas Bank, has launched the United Asia Pacific Diversified Strategies Fund (United Asia Pacific DSF) – its first fund to offer retail investors access to alternative investments.

The United Asia Pacific DSF is also the first daily liquidity alternative investment fund in Singapore with a focus on Asia Pacific. The daily liquidity feature provides investors the flexibility to purchase the fund daily and to sell it back to the fund at any time.

Alternative investment, such as funds that invest in private equity and hedge funds, is an emerging asset class in Singapore that is typically held by institutional or accredited investors, who may be more familiar with sophisticated investment strategies.

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