Bringing you live news and features since 2006 

UBS Asset Management’s socially responsible ETF surpasses EUR1bn in Europe


For the very first time, a European exchange traded fund (ETF) focused on environmental, social and governance (ESG) investing has passed the EUR 1 billion mark of assets under management. 

Launched in 2011, UBS Asset Management’s UBS ETF (LU) MSCI World Socially Responsible UCITS ETF exceeded EUR1.23 billion in July 2019.
The ETF physically tracks the MSCI World Socially Responsible 5 per cent issuer capped TRN index, which includes companies that represent the top quartile on ESG criteria, according to the index’s methodology. With a total expense ratio of 0.25 per cent, the fund gives access to the shares of companies in 23 countries at a low cost, and applies a 5 per cent cap on any one issuer, assuring a varied basket of stocks that offers sound diversification potential for portfolios.
Andrew Walsh, head of Passive & ETF Specialist Sales for UK & Ireland, UBS Asset Management, says: “This milestone represents a further confirmation of our commitment to meet the increasingly sophisticated needs of investors. We want to continue to stay at the forefront in developing innovative products and solutions for our clients, helping them to align their investments and ESG goals.”
A leader in the ESG ETF  space, UBS Asset Management has witnessed very strong asset growth of sustainability-focused exchange traded funds in Europe in the first half of the year. Total AuM reached EUR17 billion, up 70 per cent compared to the end of 20182. In the ESG ETF sector, equity instruments are the investors’ preferred segment, representing 84 per cent of total assets. However, the fixed income sector is gaining momentum with large inflows in the past 12 months, leading to a doubling of assets to EUR2.8 billion.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by