UBS Stung by Weavering Collapse

``UBS Global Asset Management last month wrote to investors in its 225 million Swiss franc ($192.5 million) Alternative Portfolio AG about its 0.9% exposure, amounting to about 2 million francs, to Weavering's Macro Fixed Income Fund. The $639 million Weavering fund collapsed last month when it became clear it couldn't meet redemption requests of about $133 million.''