The Public School Retirement System of the city of St. Louis (PSRSSTL) has approved a full redemption request from the open-ended UBS Trumbull Property Fund, managed by UBS Asset Management.
PSRSSTL has a combined $59 million invested in the UBS Trumbull Property Fund and the UBS Trumbull Property Income Fund, according to a recent board meeting packet. IREI understands no redemption request has been issued for the property income fund at this time.