UBS Global Asset Management Funds Ltd (clone)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone firm’.

This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.

You can find out more about this scam tactic and how to protect yourself from clone firms.

Clone firm details

Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

UBS Global Asset Management Funds Ltd (Imitating FCA Authorised firm’s name)

Address: 21 Lombard Street, London, EC3V 9AH (Cloning FCA Authorised firm’s address)

Telephone: 0203 000 7931, 0207 060 4827

Fax: 0203 000 7941 

Website: www.ubs-pb.com, www.ubsib.co.uk

Email: [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected]

Be aware that the scammers may give out other false details or mix these with some correct details of the authorised firm, including using the names of legitimate employees.

In this instance, the scammer is believed to be using the name "UBS Global Asset Management Funds Ltd" and mixing it with the Firm Reference Number "119319" which belongs to a separate entity named UBS Global Asset Management (UK) Ltd. Both of these are genuine entities, although their identities have been used by fraudsters to scam people in the UK. Please see below for full details of the genuine firms.

It appears the perpetrators behind this clone have been involved in other attempts to scam people in the UK and that this clone firm may be linked to another also on our warning list. Please see UBS Wealth Management / UBS Global Wealth Management (clone) for more information.

FCA authorised firm details

This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or product in the UK and its correct details are:

Firm name: UBS Global Asset Management (UK) Ltd 
Firm reference number: 119319 
Address: 21 Lombard Street, London EC3V 9AH 
Telephone: 020 7901 5050 
Website: www.ubs.com

Firm name: UBS Global Asset Management Funds Ltd 
Firm reference number: 141661 
Address: 21 Lombard Street, London EC3V 9AH 
Telephone: 020 7901 5050 
Website: www.ubs.com

Report a clone firm

If you think you have been approached by an unauthorised or clone firm, or contacted about a scam, you should contact our Consumer Helpline on 0800 111 6768. If you were offered, bought or sold shares, you can use our share fraud reporting form.

You can see more ways to report an unauthorised firm and find out what to do if you have been scammed.

What to do if your firm is cloned

If you think your authorised firm has been cloned or scammers are fraudulently using your name or other details, contact our Firm Helpline on 0845 606 9966 (call rates may vary).