UBS Global Wealth Management has announced the launch of its first sustainable investing portfolio in the UK, building on similar offers in Asia Pacific and Switzerland. The private client arm of the Swiss banking giant said it was responding to “growing demand” for sustainable and impact investing solutions among UK clients, citing a recent survey of 400 UBS GWM UK clients which found 94 percent would invest in or consider investing in sustainable and impact portfolios. UBS GWM said its new strategy will enable UK clients to invest in a cross-asset portfolio that maps against a global standard for sustainable investing developed by the company. “The strategy mirrors UBS GWM’s traditional strategic asset allocation for UK clients, aiming to offer similar risk / return profiles with sustainable outcomes,” it added. The approach will allow clients to invest in a range of asset classes, including green bonds and ESG equity funds focused on shareholder engagement. The company said it had forged exclusive collaborations with the World Bank and Hermesto build elements of the portfolio. 

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