- UBS is "very, very focused on the independence of the benchmark," says the bank's global head of commodities Edmund Carroll. "Anything we can do to reassure clients of that, we will do."
- The Dow Jones-UBS Commodity Index competes with the S&P GSCI Index for most of the institutional and retail investor funds looking for raw material exposure, with an estimated $80B benchmarked against it. While UBS isn't selling the index itself or its intellectual property, it has transferred control and oversight of the 22-component index to Bloomberg, reports the FT.