America represents significant opportunity, says UBS

UBS says the American market offers one of the most attractive investment opportunities in recent history despite the market volatility. It says American equities have priced in most of the liquidity and credit concerns and that a strengthening dollar should help to make equities even more attractive. As a result it is making available an onshore version of an offshore fund, which will be launched on November 10, after a fixed price offer period, which starts on November 3 (subject to Financial Services Authority approval).