UBS has rolled out a new energy infrastructure exchange-traded note (ETN) that tracks the NYSE Pickens core Midstream Index. The benchmark, launched in July this year, measures the performance of the common stock of corporations and units of master limited partnerships (MLPs) which are intended to represent US midstream energy fundamentals, agnostic of entity structure. The index addresses a major trend among midstream energy companies as they evolve their business structures from traditional M

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