After its launch in Asia in April, UBS Wealth Management’s sustainable cross-asset portfolio has gathered $100m (CHF$100m) in assets from Asia-Pacific clients, according to the bank’s executives.
To-date, the AUM is close to CHF 200m, Amy Lo, UBS Wealth’s Hong Kong-based chairman and head of Greater China, said during a roundtable discussion in Hong Kong this week.
There are at least 100 clients invested in the sustainable portfolio, Lo noted. “A big chunk is coming from Hong Kong. We also have quite a number of investors from mainland China.”