UBS Investment Bank Continues Expansion of Alternative Research Through Strategic Alliance with Abacus Analytics

NEW YORK--(Business Wire)--
UBS Investment Bank`s Equities Research business announced today that UBS
Alternative Research has continued its expansion by broadening its existing
relationship with Abacus Analytics, a quantitative consulting firm. Offerings
from Abacus include research and consulting services organized around the
portfolio management process, featuring models and analytics for alpha
generation, risk management, portfolio construction and performance attribution.

UBS`s arrangement with Abacus will include joint marketing to investors as well
as research collaboration with our leading quantitative research team. The
expanded alliance builds on UBS`s existing relationship with Abacus through
which Abacus will continue to enhance our quantitative research offerings and
provide key evaluation metrics for portfolio performance.

"Abacus brings sophisticated insight and a differentiated suite of tools to
portfolio management, but they aren`t just looking at the surface," said Mark
Steinert, Global Head of Equities Research at UBS. "Abacus uses an understanding
of the statistical properties of underlying alpha generators to design strategy
parameters that really enhance performance and benefit clients."

Berry Cox, founder and president of Abacus observed, "We are looking forward to
working with UBS to broaden the range of analytical services that they can offer
their clients, particularly equity managers and buyside analysts. With research
budgets shrinking, many firms are seeking to outsource some of their R&D and
risk management functions. Our expanded relationship with UBS will offer
unrivaled access to these opportunities."

"Our focus at UBS Alternative Research is on offering our clients access to
analysis and insight that simply are not available elsewhere on the Street,"
added Nick Agarwal, Head of UBS Alternative Research. "Our clients need
solutions that address not only tailored risk management requirements, but also
provide them with alpha generating tools. We believe this extended relationship
with Abacus strengthens our offering to UBS clients."

In addition to Abacus, UBS Alternative Research has also formed strategic
alliances with other independent firms including Integrity Research, Governance
Metrics International, America`s Research Group, Noble and Trucost.

UBS has more Institutional Investor ranked analysts than any other firm and is a
leading provider of research on companies, industry sectors, geographical
markets and macroeconomic trends. UBS Research covers more than 3,300 companies
globally, representing 85% of the world`s market capitalization.

About UBS

Headquartered in Zurich and Basel, Switzerland, UBS is one of the world's
leading financial firms. It serves a discerning, international client base with
its wealth management, investment banking and asset management businesses. In
Switzerland, UBS is the market leader in retail and commercial banking.

UBS is present in all major financial centers worldwide. It has offices in over
50 countries, with about 38% of its employees working in the Americas, 34% in
Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS employs more
than 75,000 people around the world. Its shares are listed on the SIX Swiss
Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).

About Abacus

Abacus Analytics was founded in 2001 to provide actionable quantitative insights
to both buy- and sell-side clients. Abacus is a quantitative consulting firm
serving the brokerage and investment management communities. The firm`s research
and consulting services are organized around the portfolio management process,
and include models and analytics for alpha generation, risk management,
portfolio construction, and performance attribution.

UBS
Kelly Smith, 1-212-882-5699
kelly.smith@ubs.com

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