UBS to Launch Sustainable Investing Indexes
Friday, September 8, 2017
UBS (UBS) soon plans to push further into sustainable investing with a series of indexes that can be used to create ETFs and other investment products for retail investors, annuities and retirement funds. The indexes will include a global sustainability index and indexes aligned with the UN’s Sustainable Development Goals, like eliminating hunger.
The global bank, which has more than $1 trillion in assets invested in sustainable strategies — a third of global assets under management — plans to amplify the impact of the indexes by channeling a yet-to-be-determined percentage of revenues that they generate to the Optimus Foundation, UBS’s philanthropy arm, according to Michael Nelskyla, head of investor solutions Americas, UBS Investment Bank.
Photo courtesy of Pavel Ahmed.