UBS Asset Management has unveiled a cross-asset suite of five “Climate Aware” strategies.
The strategies add to the Swiss asset manager’s Climate Aware passive equity strategy launched in 2017.
It marks the first time UBS AM has launched a cross-asset class suite of products. The aim is to lower investment exposure to carbon risks; portfolio adaptation through increasing investment exposure to climate-related innovation and solutions; and portfolio transition aligning to a chosen climate glidepath.
“The degree to which investors are embracing ESG as a fundamental investment driver, particularly around the issue of climate risk, is stark,” says Suni Harford, president of UBS AM.
“As demand continues to grow and sustainable assets amass more capital, we will see the investment landscapes transform even further. This is a trend which we believe is here to stay and investors in today’s markets must understand the effect that climate is having on their portfolio.”
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