Corporate overview
UBS Asset Management’s Real Estate & Private Markets (REPM) business is one of the largest asset managers in real assets worldwide, currently managing around USD 114 billion globally. By combining the joint expertise of people working across direct real Estate and direct infrastructure as well as multi-manager solutions in real estate, infrastructure, private equity and private credit, we believe we can offer clients integrated solutions to optimize the diversification of client portfolios, whether that be in targeting access-restricted private equity funds or niche real estate funds.
Recent highlights
- UBS Asset Management appoints Andrew Morris as Head of Infrastructure Equity
- REPM to finance the rollout of fiber-to-home networks in Germany
Our vision and beliefs
REPM Infrastructure invests globally across the key infrastructure sectors including energy, utilities, transportation, telecommunications and social infrastructure. Established in 2007, our dedicated team of specialists operates out of five international offices and manages over USD 12.9 billion in institutional client commitments.
At REPM we are committed to acting as responsible investors. UBS has established a comprehensive approach to sustainability across each of the investment disciplines.
Responsible ownership and operation of real property can have a significant positive impact on the environment and returns for our clients. REPM operates with this in mind while investing both directly and indirectly into real assets. At UBS, we believe that the financial objectives of our clients are best met with investment strategies that consider long-term resilience, climate change, and sustainability aspects.
REPM Infrastructure was an inaugural member of GRESB Infrastructure, the Global sustainability benchmark Benchmark for Real Assets, which launched in 2016. In 2022, 100% of REPM’s submitted infrastructure strategies received 5-star status, reflecting first quintile results. We’ve a received 5-star rating (the highest rating) in Infrastructure from the UN-supported Principles for Responsible Investment (PRI), and top scores for every year submitted since 2017.
Investment process and research
We leverage our team’s deep experience in sourcing, evaluating, investing and managing global infrastructure assets. Our teams are headquartered in London and New York with satellite offices in Madrid, Zurich, and Singapore. This allows the business to operate locally, sourcing deals and managing investments, while acting as one global team in terms of culture and approach. Senior REPM infrastructure executives have been active in the infrastructure sector since the 1990s.
We pride ourselves on our commitment to sustainable investing. Our investment process involves rigorous vetting of the sustainability aspects of the asset. Throughout the investment’s life, we continue to monitor the asset’s sustainability impact.
Our research strategies are focused on identifying and advising upon risk-adjusted return opportunities and developing detailed forecasts for markets globally. Our team excels at the type of statistical and modelling work that informs and guides income-focused investment decisions. We digest a wide array of market data – such as structure and usage of the property and infrastructure markets, demographics, performance, and demand versus supply.
Strategies and product
Direct Equity Innovative offering focused on global high-yielding traditional (core / core+ ) infrastructure investments in the small- to middle-market and operating assets with strong, stable cash flows.
Direct Debt - Wide array of offerings focused on European senior secured and high-yielding infrastructure credit. The funds are supported by an experienced team with the ability to directly source, structure and monitor positions, specializing in mid-market.
Multi-Managers Infrastructure – We offer institutional investors a one stop solution to access a global diversified infrastructure portfolio focusing on brownfield infrastructure assets generating long-term stable, cash flows. Multi-Managers Infrastructure has a proven track record since 2004, with a focus on operational infrastructure assets in OECD countries.
Compliance statement
This publication is not to be construed as a solicitation of an offer to buy or sell any securities or other financial instruments relating to UBS AG or its affiliates in Switzerland, the United States or any other jurisdiction. UBS specifically prohibits the redistribution or reproduction of this material in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect. The information and opinions contained in this document have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith but no responsibility is accepted for any errors or omissions. All such information and opinions are subject to change without notice. Please note that past performance is not a guide to the future. With investment in real estate/infrastructure/private equity (via direct investment, closed- or open-end funds) the underlying assets are illiquid, and valuation is a matter of judgment by a valuer. The value of investments and the income from them may go down as well as up and investors may not get back the original amount invested. Any market or investment views expressed are not intended to be investment research. The document has not been prepared in line with the requirements of any jurisdiction designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research. The information contained in this document does not constitute a distribution, nor should it be considered a recommendation to purchase or sell any particular security or fund. A number of the comments in this document are considered forward-looking statements. Actual future results, however, may vary materially. The opinions expressed are a reflection of UBS Asset Management’s best judgment at the time this document is compiled and any obligation to update or alter forward-looking statements as a result of new information, future events, or otherwise is disclaimed. Furthermore, these views are not intended to predict or guarantee the future performance of any individual security, asset class, markets generally, nor are they intended to predict the future performance of any UBS Asset Management account, portfolio or fund. Source for all data/charts, if not stated otherwise: UBS Asset Management, Real Estate & Private Markets. The views expressed are as of June 2023 and are a general guide to the views of UBS Asset Management, Real Estate & Private Markets. All information as at June 2023 unless stated otherwise. Approved for global use.© UBS 2023 The key symbol and UBS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.
