UBS Staying Short, Using Futures Contracts After Leverage Boost

Fine, Jacob
May 2004
Bond Buyer;5/17/2004, Vol. 348 Issue 31885, p7
Trade Publication
Reports that UBS Global Asset Management Inc. has maintained a short duration on its closed-end municipal bond mutual funds in the U.S. Futures contracts used as protection against rising interest rates; UBS' leveraging of the funds.


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