The latest product and service offerings, including funds, in the wealth and asset management sector.
Union Bancaire Privée
Bancaire Privée, the Geneva-based private bank, has launched
the UBAM – Biodiversity Restoration fund.
UBAM – Biodiversity Restoration aims at identifying and investing
in the solution providers that, through their products and supply
chains, protect and restore species and natural habitats on the
planet, the Swiss firm said. The new fund is the third fund
launched on UBP’s impact investing platform.
This global portfolio holds 45 to 55 stocks of all market
capitalisations, and invests in seven industrial areas such as
the sustainable management of natural resources, green cities and
sustainable food production. The strategy will follow the same
selection process and engagement approach that UBP applies to its
other impact funds.
The fund is co-managed by Victoria Leggett, head of impact
investing, Charlie Anniss, senior portfolio manager and Adrien
Cambonie, fund manager and impact analyst.
UBP has teamed up with the Cambridge Conservation Initiative and
the Peace Parks Foundation, and will invest a quarter of the
management fee directly in their on-the-ground conservation and
academic and policymaking skills.
The bank has also added a new biodiversity committee to its
impact team’s oversight structure. Chaired by Tony Juniper (chair
of Nature England and executive director for Advocacy and
Campaigns for WWF-UK) and supported by members of our two partner
NGOs, this group will provide the investment team with strategic
guidance and set out clear biodiversity objectives and
performance indicators. The committee will report to the existing
Impact advisory board.
The fund is registered in Austria, Belgium, Denmark, Finland,
France, Germany, Italy, Luxemburg, the Netherlands, Norway,
Portugal, Singapore, Spain, Sweden, Switzerland and the UK.
UBP is one of Switzerland’s leading private banks, and is amongst
the best-capitalised, with a Tier 1 ratio of 25.3 per cent. The
bank, which specialises in the field of wealth management for
both private and institutional clients, employs 1,808 people in
over twenty locations worldwide, and holds CHF 161.1 billion in
assets under management (all figures as at 30 June 2021).
VP Bank, Utopia Music
Bank is investing in the music industry, teaming up with a
Switzerland-based fintech business called Utopia Music.
VP Bank has signed a memorandum of understanding with Utopia
Music, building an “investment solution [which] is expected to
achieve a high level of diversification in combination with a low
probability of default and the lowest possible correlation with
other investments,” the bank said.
The partnership offers investors an opportunity to invest in an
asset with an “attractive risk/return profile,” the bank
continued, while creators are given the means to produce new