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BlackRock fund removed from UBS ‘select’ list

Large wirehouse voices concerns over fund performance, management.

UBS AG's U.S. wealth management arm has removed the BlackRock Equity Dividend Fund (MDDVX) from its list of preferred funds for advisers, according to a report Wednesday by Reuters.
The news agency, which cited a memo dated Tuesday, said the firm was no longer recommending the $28.1 billion fund on

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