UBS recently announced it planned to retire is global suite of listed infrastructure indices from 31 March 2015. The timing for that decommissioning has now been postponed which allows investors additional time to transition to alternative sources. The new effective date for the discontinuation of the IBS Infrastructure and Utilities Indices is after the close on Friday, May 29, 2015.
Timing aside, this change has various implications for investors (and fund managers) with exposures that are currently benchmarked to a UBS listed infrastructure index.
