UBS AM launches Global Impact Equity fund

Managed by Bruno Bertocci

UBS Asset Management has unveiled the UBS Equity SICAV - Global Impact fund, to be managed by Bruno Bertocci, head of the sustainable equity investors team.

The fund will look to invest in stocks which have a social and environmental impact coupled with a consistent return. Targeting an active share of 90%, the fund will invest in between 40 and 80 stocks, with the top ten holdings counting for over 22% of the portfolio. It will be benchmarked against the MSCI All-Country World index, with up to 25% invested in small and mid caps, and will have an annual management fee of 0.64% for the 'Q' share class. How does the UK stockmarket rank in terms of ESG criteria? Using its own methodology to measure the positive impact, the fund will i...