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UBS Global Asset Management to Launch Target-Date Collective Investment Trusts for Qualified Retirement Plans Based on Morningstar Indexes and Subadvised by Morningstar Associates

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NEW YORK--(BUSINESS WIRE)--UBS Global Asset Management Trust Company (UBS), a leading investment management firm and a member of the UBS Global Asset Management division of UBS Group AG, and Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that UBS is launching a series of target-date collective investment trust funds (CITs) that seek to track the performance of the Morningstar® Lifetime Allocation Indexes. UBS expects to launch the CITs,

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