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Rating:Astor Inks a Distribution Deal with UBS Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 8, 2011

Astor Inks a Distribution Deal with UBS

Reported by Armie Margaret Lee

Astor Asset Management [see profile] has signed a distribution pact with UBS for its mutual fund. Chicago-based Astor's Long/Short ETF Fund is now on the wirehouse's platform, said Jeff Feldman, a director responsible for business development and marketing at Astor, in an interview with The MFWire.com.

The $41.5 million fund, which launched in October 2009, is also available through firms such as RBC, Stifel Nicolaus, Morgan Keegan and LPL. It is also on the shelves of Schwab, Fidelity, TD Ameritrade and Pershing.

A wholly owned subsidiary of Knight Capital Group, Astor specializes in building portfolios of ETFs.

As previously reported by The MFWire.com, Astor is preparing to add two mutual funds to its product menu, Astor Active Income ETF Fund and Astor Style Preferred Growth ETF Fund

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