March 30, 2021. Die Mitwirkungsrichtlinien von UBS Asset Management (AM) definieren, was Mitwirkung für UBS AM bedeutet, und erläutern, wie sie mit den Prozessen zur Integration und zur Stimmrechtsvertretung von UBS AM verbunden ist. Adopted by 193 countries, this is a wider agenda than climate change and is also focused on economic, social and environmental development. UBS Asset Management (UBS AM) lanciert eine Reihe von Exchange Traded Funds (ETFs), die die neuentwickelten MSCI ESG Universal Low Carbon Select-Indizes abbilden. As of June 30, 2021, UBS Group reported $1.1 trillion in total assets, $513 billion in customer deposits and $390 billion in customer loans. While this is simply the maximum rate that UBS Wealth Management can . Stockholm (NordSIP) - With the entry into effect of the Sustainable Finance Disclosures Regulation (SFDR) at the start of March, funds and regulators have had to adapt to the new regulatory environment. UBS Asset Management buys €81m Dutch office from Abrdn Logistics ESB seeks buyers for 51 acre Yorkshire redevelopment opportunity Politics Trade bodies seek clarity over government's rent arbitration system and push for more support for tenants Alternatives Cureus expands German care home portfolio with 870 new units Currently, UBS is still one of the leading ETF providers in . Materials have not been prepared to address requirements designed to promote the independence of investment research and are not subject to any prohibition on dealing ahead of the dissemination of investment research. To enhance the long-term performance of clients' investments, UBS integrates sustainability risk into its investment decision making process, investment advice and insurance advice where relevant. The appendix to the document includes a complete list of the stewardship codes we subscribed to and a list of the most relevant ESG/stewardship initiatives UBS AM is currently supporting. UBS Asset Management (UBS AM) lanciert zwei neue ETFs aus der UBS Paris Aligned Produktfamilie: Der MSCI All Country World Index (ACWI) PAB UCITS ETF und der MSCI Emerging Markets (EM) PAB UCITS ETF ergänzen das Paris Aligned Angebot, das nun insgesamt sieben ETFs umfasst. UBS specifically prohibits the redistribution or reproduction of this material in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect. The first detailed analysis of the legal and practical implications of the AIFMD at regional and national level. To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. SFDR next step 'fraught with challenges' for asset managers. Datum Datacentres - Overview. Continuing the revamping of various units to boost performance and trim costs, this time UBS Group 's UBS asset management division might sell off UBS Fondcenter, the fund platform. Sustainability risk information. The CEPT RHP template has been established to allow PRIIP manufacturer investing in other PRIIPs to receive calculated figures for Holding Periods that may differ from the RHP of the underlying PRIIP. I have heard some negative opinions of this division at the bank and just wanted to hear some opinions. He has more than 30 years' experience in asset management, most recently as CIO of Henderson Global Investors. The UBS MSCI Climate Paris Aligned UCITS ETFs aim to support equity investors in reducing their climate risks. Datum operates the Datum FRN1 facility in the QinetiQ Cody Technology Park in Farnborough, located outside London. The UBS ETF (IE) UBS Climate Aware Global Developed Equity CTB UCITS ETF mirrors the firm's Climate Aware framework in an ETF wrapper and is intended for investors who require global developed market large and mid-cap equity exposure with a strong climate profile. I n recent years, REPM has seen significant growth. Other initiatives include the Financial Stability Board’s task-force on climate related financial risks, the UN Principles for Responsible Investment, and steps taken by the UK and France on stewardship and ‘comply or explain’ principles which encourage companies to increase disclosure. The UBS ETF MSCI World Small Cap Socially Responsible UCITS ETF (WSCR) is listed on the London Stock Exchange, Deutsche Boerse, Borsa Italiana and the SIX Swiss Exchange with a total expense ratio (TER) of 0.23%. Potential for profit is accompanied by possibility of loss. As individual situations may differ, clients should seek independent professional tax, legal, accounting or other specialist advisors as to the legal and tax implication of investing. The UBS Asset Management (AM) Engagement Policy provides its definition of engagement and outlines how it is interrelated to UBS AM's integration and proxy voting processes. UBS AM has launched a sustainable exchange traded fund (ETF) tracking the MSCI World Small Cap SRI Low Carbon Select 5% Issuer Capped index.. Initially, this disclosure will be high-level and principles based but will be further enhanced once the SFDR Regulatory Technical Standards are in force and new rules requiring corporations to disclose more non-financial information on sustainable activities are introduced. UBS AM: Too early to conclude SFDR impact on client allocation despite many questions raised. The SFDR came into effect on 10 March with asset . © UBS 2021. In the investment management context, the SFDR is designed to provide asset owners and their beneficiaries with greater clarity and confidence that their investment managers are delivering on objective, transparent and quantifiable sustainable investment objectives. Implicit in the latest guidelines is an assumption that they’re already up to speed on integration and now need to move on from here.3, This reshaping of the regulatory and policy landscape has fundamental implications for the growth of ESG and the allocation of capital. ‘Brilliant, horrifying and really f***ing funny’ KATHY BURKE ‘Give[s] powerful voice to the often silent story that explains so much of Britain’s current fracturing’ OBSERVER I’m a scrounger, a liar, a hypocrite, a stain on ... Active management largely dominates the post- SFDR ESG fund landscape. The material changes since the last annual update include changes in UBS AM's wrap fee programs in the Advisory Business and Fees and There were 45 new listings from 25 issuers listed on 11 exchanges covering 1 fixed income, 2 commodity, 2 digital, 40 equity products and 36 new cross listing globally during the . UBS Asset Management is a large scale investment manager with a presence in 23 markets. 2Regulation (EU) 2019/2088 Article 2, Para 17. It also describes UBS AMs research process, the sources UBS AM uses, the topics UBS AM addresses and the company representatives we usually interact with. " Building and stewarding such a Budget over the long term requires a clear-eyed view of the challenges that put our aspirations at risk. No challenge poses a greater threat to future generations than climate change. tobacco . A: Belgium, Great Britain, Guernsey, Ireland, Isle of Man, Jersey, Netherlands, B: Andorra, Austria, Brazil, Bulgaria, Chile, Colombia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxemburg, Malaysia, Malta, Mexico, Monaco, Norway, Peru, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, C: Liechtenstein, Spain, Switzerland, Taiwan, United States of America*), *) USA: for nominee investors, acting in their own name and exclusively on behalf of clients who are not US Persons, The European PRIIPs Template (EPT) is an initiative driven by European Working Group (EWG) - EFAMA in collaboration with Insurance Europe with the aim to standardize the data for distributing PRIIPs information, Lantern Structured Asset Management Limited. As part of the C&ORC Asset Management EMEA team we are managing a broad range of compliance aspects for Traditional Asset Management and for Alternative Asset Management Real Estate and Private Markets, including but not limited to AML, Fraud and Anti-Bribery and Corruption across products and services within UBS Asset Management (Deutschland . Taxonomy eligible activities also need to: The latest UNPRI guidelines for responsible investment amplify this approach, by urging investors to aim for outcomes rather than minimize risks in the portfolio. Fund due diligence focuses on strategy, and how a fund manager captures risks and opportunities (including ESG risks and opportunities) in their investment process. UBS believes that sustainability risks may affect the performance of investment portfolios. . We have written previously about ESG shifting from a ‘nice to have’ to a ‘must have’. UBS Asset Management (UBS AM) today launched a suite of exchange traded funds (ETFs) that exceed the minimum standards of the EU Paris-aligned benchmarks. UBS Asset Management has partnered with MSCI to launch a global small cap socially responsible investing (SRI) ETF.. In accordance with Regulations (EU) 2017/1131 on money market funds ("MMF Regulation"), information on the regulation as well as data on net asset value, portfolio maturity breakdown, credit profile, WAM and WAL, details of the 10 largest holdings, total value of the assets and net yield of each MMF are available at www.ubs.com/globalliquidity. UBS AM's criteria in collaborating with other investors and our processes to deal with insider dealing and risks arising from conflicts of interest are also explained. The policy provides an overview of how we prioritize engagement cases based on UBS AM's financial exposure, the presence of high environmental, social and governance (ESG) risks, the consideration of major sustainability externalities and controversies. Luca Allievi | Milano, Lombardia, Italia | Director, Business Management - Head of Administration & Organization presso UBS Asset Management (Italia) SGR SpA | - Accounting, Administration, P&L analysis. You are free to change your cookies' settings in the privacy settings. As PWC summarized in their recent report, The Growth Opportunity of a Century, 2020, “… rising legislative and regulatory pressure has bolstered the increased attention ESG is receiving and is likely to have the biggest impact on accelerating the shift to a sustainable model of investing. The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information. For further information on what we can offer you, please get in touch. UBS Asset Management has bought a Madrid office with "leading ESG ratings" for its real estate portfolio. Discretionary mandates with clients provide for no explicit authorization for UBS when it comes to voting rights or expressly exclude exercising of voting rights. Any additional Investor information is made available on the UBS Asset Management website of your location. Other large asset managers, including BlackRock, UBS, and JP Morgan, exhibit much lower ratios at 17%, 11%, and 1.5% respectively. This content is intended to provide transparency on offerings for investors of selected UBS Legal entities in the scope of the Sustainable Finance Disclosure Regulation (SFDR), as well as on the integration of sustainability risks, the consideration of principal adverse sustainability impacts, sustainable products that promote environmental or social characteristics and on products that have sustainable investment as its objective. An investment in an economic activity that contributes to a social objective. Policies on the identification and prioritization of principal adverse sustainability impacts, UBS E-banking and online services Switzerland, UBS Asset Management Global Stewardship Policy, Lantern Structured Asset Management Limited, Article 38(6) CSDR Participant Disclosure, The evaluation of sustainability risks and their materiality is one of the numerous factors determining whether or not securities of single issuers are recommended and, therefore, in how far such instruments should be selected in investment management mandates and in investment advice. Currently, we expect these developments from 2022. Investment firms will engage with companies to request better information on sustainable activities. The integration of sustainability risk in investment decision making and advisory processes is included in UBS`s policies governing these processes. Found insideDefining Israel: The Jewish State, Democracy, and the Law is the first book in any language devoted to the controversial passage of Israel's nation-state law. You are free to change your cookies' settings in the privacy settings. European ETFs had a record-high quarterly inflow in Q1, during which more than half of the money went into ESG ETFs. UBS Asset Management's Real Estate & Private Markets business (REPM), created by the consolidation of real estate and infrastructure, acknowledges that real assets such as properties and infrastructure contribute significantly to CO2 emissions and the consumption of natural resources. All such information and opinions are subject to change without notice but any obligation to update or alter forward-looking statement as a result of new information, future events, or otherwise is disclaimed. As more data becomes available from corporations, the disclosure of sustainable characteristics and activities is intended to become a comparable metric for certain products. Assets under management climbed 16% last year to $903 billion and profits increased 17%. Fifth of UK investors' "knocked off course" by Covid Over a million UK investors feel Covid-19 threw their finances off track, according to research by Capital Group. UBS Funds and prices provide you in-depth information about funds registered in your country and are authorised for public distribution. And of course, also Deborah Fuhr from ETFGI, and she's going to be giving us an update on newly issued products. ETF TV News #65 Willem Keogh, Head Passive and ETF Investment Analytics, UBS Asset Management Switzerland discusses demand for ESG ETFs and what SFDR means for investors with Dan Barnes and Deborah Fuhr. Today all firms in the EU are free to define sustainable investments as they see fit. Investment managers or advisers based outside of the EU, who market . While sustainability and other risk topics should be considered by every manager, it is likely that funds with higher ESG intentionality ratings carry less sustainability risk given that more focus and resources are placed on research, investment decisions and/or active shareholder engagement.