ESG investing is Backed by UBS

Investment incorporating Environmental, Social and Governance (ESG) factors, also known as sustainable investing theme is gaining market acceptance.

Recently, UBS, one of the largest Global Wealth Manager, with AUM of $488bn has announced it will be recommending clients embrace 100% (Environment Social Governance) sustainable portfolios as they offer stronger returns than traditional investments and better diversification.

Iqbal Khan, co-president of UBS Global Wealth Management, said: ““The shift in preferences toward sustainable products and services is only just beginning.

“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.”

Reference:

ESGclarity, 2020-09-10, “UBS Recommends 100% Sustainable Portfolios For Private Clients”