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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
R.P. Scherer Corp.
-----------------------------------------
(Name of Issuer)
Common Stock
-----------------------------------------
(Title of Class of Securities)
806528105
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [X].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such class.) (See
Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following page(s))
Page 1 of 6 Pages
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CUSIP NO. 806528105 13G PAGE 2 OF 6 PAGES
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
UBS Asset Management (New York) Inc.
13-2725861
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
NOT APPLICABLE (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York State
5 SOLE VOTING POWER
336,800
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 1,222,000
8 SHARED DISPOSITIVE POWER
None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,222,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 10549
---------------------------------
SCHEDULE 13G UNDER THE SECURITIES
EXCHANGE ACT OF 1934
---------------------------------
Item 1. (a). Name of Issuer:
R.P. Scherer Corp.
(b). Address of Issuer's Principal Executive Offices:
2075 West Big Beaver Road
Troy, MI 48084
Item 2. (a). Name of Person Filing:
UBS Asset Management (New York) Inc.
(b). Address of Principal Business Office:
1211 Avenue of the Americas
New York, NY 10036-8796
Page 3 of 6 Pages
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Item 2. (c). Citizenship:
Incorporated in New York State
(d). Title of Class of Securities:
Common Stock
(e). CUSIP Number:
806528105
Item 3. This statement is filed pursuant to Rule 13D-1(b) (2) by
an Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940.
Item 4. Ownership.
(a). Amount Beneficially Owned
1,222,000
(b). Percent of Class:
5.2%
(c). Number of Shares as to which UBS Asset Management (NY) has:
(i) sole power to vote or to direct the vote 336,800
(ii) shared power to vote or to direct the vote NONE
(iii) sole power to dispose or to direct the
disposition of 1,222,000
(iv) shared power to dispose or to direct the
disposition of NONE
Page 4 of 6 Pages
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Item 5. Ownership of Five Percent or Less of a Class:
If "Yes" is checked below, this statment is being filed to
report the fact that as of the date hereof UBS Asset
Management (New York) Inc. has ceased to be the beneficial
owner of more than 5% of the class of securities.
YES NO X
---- -----
Item 6. Ownership of More Than Five Percent on Behalf of Another
Person:
UBS Asset Management (New York) Inc. directs the holding
and/or voting of these securities on behalf of various
clients, who are entitled to receive dividends from, and the
proceeds from the sale of, such securities.
Item 7. Identification and Classification of Subsidiaries which
Acquired the Security Being Reported on by the Parent
Holding Company:
Not Applicable
Item 8. Identification and Classification of Members of the Group:
Not Applicable
Page 5 of 6 Pages
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Item 9. Notice of Dissolution of Group:
Not Applicable
Item 10. Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for
the purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purpose or effect.
Signature: After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
UBS Asset Management (New York) Inc.
/s/ KAREN DE LA VEGA
By: Karen de la Vega
------------------------
Title: Vice President
Dated: Holdings as of December 31, 1995
Page 6 of 6 Pages
