Once Popular UBS Trumbull Fund Faces Pensions Exiting
Posted on 12/18/2022
The open-ended real estate fund, UBS Trumbull Property Fund, was once a staple investment for U.S. pension funds who hoped to gain access to institutional-quality real estate. However, the core property fund faced withdrawals from pension funds. Notably, withdrawals that had taken place prior to the COVID-19 pandemic. As of September 2022, US$ 7.2 billion…
