UBS Asset Management signed a definitive agreement to transfer the management of its Quantitative Investment Strategies (“QIS”) business with approximately USD 1.5 billion in AuM to Manteio Partners LLC and its affiliates, a systematic investment manager.
Upon closing, Manteio will assume responsibility as investment manager of the QIS funds and mandates. As part of the transaction, the QIS portfolio management team is expected to move to and operate as a distinct group within Manteio, ensuring continuity for investors.
The transaction is expected to be completed in the fourth quarter, subject to regulatory and investor approvals and other customary closing conditions.
About UBS Asset Management
UBS Asset Management is a large-scale asset manager with a presence in 23 markets. It offers investment capabilities and investment styles across all major traditional and alternative asset classes to institutions, wholesale intermediaries and wealth management clients around the world. It is a leading fund house in Europe, the largest mutual fund manager in Switzerland, the second largest fund of hedge funds manager and one of the largest real estate investment managers in the world.
About Manteio Partners LLC and its affiliates
Manteio is a systematic investment manager that seeks to employ next generation technologies and quantitative methods across a diverse range of asset classes, trading strategies, and turnover profiles. The firm was founded in 2020 by Peter Christodoulou and Michael Cash. Manteio has a strategic relationship with Leucadia Asset Management (“LAM”), a division of Jefferies Financial Group Inc.
