UBS Global Equity YBPGEX

Morningstar Rating

Fund Research and Analysis

by Gregg Wolper

Although the big changes in UBS Global Equity's structure and process are receding into the past, there are still question marks here.

At the beginning of 2008, this fund acquired a new lead manager, Nick Melhuish, who had arrived from Nicholas-Applegate. Read more

Kudos

Disciplined value approach. Read more

Risks

Manager turnover in 2007 and 2008.

Could lag when small caps or emerging markets lead the way. Read more

Strategy

This fund pays attention to value, treating each purchase as though it were buying the whole company. Analysts project earnings based on the company's cash flow, then discount them back to present value. Read more

Management

Nicholas Melhuish, formerly of Nicholas Applegate, Putnam Investments, and Schroder Investment Management, took over as lead manager here on Jan. 1, 2008. He is also head of global equity for UBS Global Asset Management. Melhuish oversees more than Read more

Inside Scoop

This fund is a cheapskate, banking on undervalued companies around the globe. Management emphasizes the fund's defensive capability and typically will not take on excessive Read more

First Name

Last Name

Email Address

Zip Code

Create Password

Verify Password

(6-15 characters; case sensitive)

What is your occupation or job title?

Select...

Your registration indicates agreement to the terms of use.

Dodge & Cox: Health Care Now More Attractive
Watch more