FTSE Licences UBS AG With New Currency Solution – FTSE WPU

offer a range of investment and hedging products linked to FTSE WPU, to its global client base. The licensing highlights investor appetite for new currency-risk management tools, as currency fluctuations continue to play a significant risk in international investment.

Launched earlier this year, FTSE WPU is an innovative addition to the growing range of FTSE’s non-equity indices, which includes a variety of currency and commodity indices. FTSE WPU represents a single ‘currency unit’ comprised of a liquid basket of the seven most traded developed market currencies, the four BRIC currencies and storable commodities; gold and oil.

The multi-asset solution employs a robust and transparent rules-based methodology, and takes into account the growing power of emerging markets over global pricing policy, as well as the significance of commodities in mitigating inflation risk.