Building a new asset class


In February of this year, UBS partnered with Standard & Poor's (S&P) to create a new global index series consisting of 84 global indexes to provide price and accumulation data for listed infrastructure and utilities companies around the world based on their free-float market capitalisation. The index could provide the underlying to a new series of structured products, based around the emerging asset class.

UBS and S&P compiled their universe of infrastructure and utility stocks using S&P's basic

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