Story perspectives
UBS SDIC Faces 200K Complaints Over Silver Fund Losses
2/16/2026
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Story summary
- Thousands of Chinese retail investors filed complaints against UBS SDIC Fund Management after a valuation change caused losses in its silver fund.
- Over 200,000 complaints were lodged after February 2 switch from Shanghai Futures Exchange prices to international market prices.
- The change increased losses from an expected 17% to 31.5%.
- UBS SDIC established a task force to oversee a tiered compensation plan for affected investors.
