The purpose of the company is to provide financial services as an asset manager under the Federal Act on Collective Investment Schemes, primarily in the area of asset and investment advisory services and other advisory services for institutional and other clients (including collective investment schemes) in Switzerland and abroad. In addition, it may engage in the distribution of collective investment schemes and offer other services related to collective investment schemes and other financial services. The company may perform all commercial, financial or other acts that are directly or indirectly related to the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad, found companies of all kinds, participate in other companies and take over their management. The company is authorized to acquire, hold, encumber, manage, utilize and sell intellectual property rights, real estate and building rights in Switzerland and abroad. The company is part of the group controlled by UBS Group AG as the parent company. It may promote the interests of the group parent company or other group companies. The company may grant loans, guarantees and other forms of financing and security to group companies and raise and invest funds on the money and capital markets.