Managing approximately half a trillion US dollars in core sustainable assets, this reinforces UBS’s nearly 25-year track-record in sustainable investing across all its business divisions
Dubai – UBS, the world’s leading wealth manager and sustainable investment manager, today announced that sustainable investments are now the firm’s preferred solution for private clients investing globally. Managing USD 488 billion[1] in core sustainable assets, UBS is the first major global financial institution to make this recommendation.
While traditional investments will remain most suitable in some circumstances, UBS believes a 100% sustainable portfolio can deliver similar or higher returns compared to traditional investment portfolios and offer excellent diversification for clients investing globally. Year to date, major sustainable indices have performed better than traditional equivalents.
“The shift in preferences toward sustainable products and services is only just beginning,” said Iqbal Khan, Co-President of UBS Global Wealth Management. “We believe sustainable investments will prove to be one of the most exciting and durable opportunities for private clients in the years and decades ahead.”
“COVID-19 has put the exclamation point on one of the most important shifts in financial services in a generation,” said Tom Naratil, Co-President of UBS Global Wealth Management and President of UBS Americas. “The pandemic has brought the vulnerability and interconnected nature of our societies and industries to the forefront of investors’ minds and shown that sustainability considerations cannot be ignored.”
Ali Janoudi, Head of Middle East and Africa at UBS Global Wealth Management said: “Middle Eastern clients have expressed increasing interest in investing sustainably. Sustainable finance is firmly embedded in UBS’s strategy, and we believe this latest step can create new opportunities for investors in our region. “
With a nearly 25-year track record in sustainable investing, UBS’s award-winning team[2] was the first to develop fully diversified sustainable portfolios, which have now been tested through both bull and bear markets.
[1] 2019 UBS Sustainability Report
[2] 2020 Euromoney Private Banking and Wealth Management Survey for Best Bank for ESG/Social Impact Investing
© Press Release 2020
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
