Public HTML RI reports - PRI reporting framework 2020

Select the services and funds you offer	% of asset under management (AUM) in ranges
Fund management	0% <10% 10-50% >50%
Fund of funds, manager of managers, sub-advised products	0% <10% 10-50% >50%
Other	0% <10% 10-50% >50%
Total 100%

Further options (may be selected in addition to the above)

Hedge funds

Fund of hedge funds

01.2. Additional information. [Optional]

UBS Asset Management ("UBS-AM") offers a diverse range of investment capabilities and investment styles designed to meet our clients' needs. We provide equity, fixed income, currency, hedge funds, real estate, infrastructure and private equity investment capabilities that can also be combined into customised solutions and multi-asset strategies.

Sustainable and Impact Investing is a strategic priority for UBS-AM. We believe that using Environmental, Social and Governance (“ESG”) factors, or material non-financial data, in the investment analysis process can improve the quality of investment decisions. Incorporating these factors can enable investors to take a more comprehensive view of the potential upside and downside of their investments. Most investment teams at UBS-AM drive ESG integration within their investment processes. The extent of ESG integration may vary given our diverse range of investment capabilities. Portfolio managers and analysts have access to a variety of external and internal ESG data. They are supported by the Sustainable and Impact Investing team, a global team of 18 sustainability experts dedicated to research and stewardship activities, sustainability reporting, product development, thought leadership sales support, and education. The Sustainable and Impact Investing team collaborates with the investment teams, collaborating with them on best practices in using material non-financial data to inform forward-looking analysis and preparing corporate engagement activities. Accordingly, a comprehensive suite of Sustainable Investing capabilities is available to our diverse client base that includes institutional, insurance, wholesale, individual/high net worth, and other clients. As a recognized innovator and thought leader within the industry, we are committed to making sustainability a part of every client conversation.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

Switzerland

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

2209 FTE

02.4. Additional information. [Optional]

With approximately 2,200 personnel located in 22 markets, UBS-AM is a truly global asset manager. Our principal offices are in Chicago, Hong Kong, London, New York, Shanghai, Singapore, Sydney, Tokyo and Zurich.

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

Mitsubishi Corp. - UBS Realty Inc, our joint venture company in Japan, is a PRI signatory.

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2019

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we are in the fund-raising process

04.4. Indicate the assets which are subject to an execution and/or advisory approach. Provide this figure based on the end of your reporting year

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we do not have any assets under execution and/or advisory approach

04.5. Additional information. [Optional]

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	10-50% 41	0 0
Fixed income	10-50% 17	0 0
Private equity	0 0	<10% 0.15
Property	<10% 6	<10% 2.5
Infrastructure	<10% 0.15	<10% 0.15
Commodities	0 0	0 0
Hedge funds	<10% 1	0 0
Fund of hedge funds	<10% 4	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Money market instruments	10-50% 11	0 0
Other (1), specify	10-50% 17	0 0
Other (2), specify	0 0	0 0

`Other (1)` specified

          Other: Multi-Asset strategies

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

OO 07. Fixed income AUM breakdown (Private)

OO 08. Segregated mandates or pooled funds (Private)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

90 Developed Markets

010 Emerging Markets

0 Frontier Markets

0 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

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