UBS Group (UBS) to Divest Quantitative Investment Strategies Unit – August 19, 2024
UBS Group AG’s (UBS Quick QuoteUBS – Free Report) division — UBS Asset Management — has entered into a definitive agreement to divest the management of its Quantitative Investment Strategies (QIS) business to Manteio Partners LLC and its affiliates. The transaction is expected to close in the fourth quarter of 2024, subject to regulatory and