UBS AM launches suite of seven new Paris-aligned equity ETFs

Tracks MSCI Climate indices

UBS Asset Management has launched a suite of equity ETFs aligned with the Paris Agreement on climate change.

The UBS MSCI Climate Paris Aligned UCITS ETFs qualify under Article 9 of the EU Sustainable Finance Disclosure Regulation and seek to benefit from "opportunities arising from the shift to a lower-carbon economy". UBS AM launches 'strict' ESG ETF for S&P 500 Each of the seven new funds track the MSCI Climate Paris Aligned indices, which exclude companies involved in controversial weapons, tobacco and thermal coal and firms which derive revenue from oil and gas-related activities. In addition to exclusions, the funds aim to reduce exposure to physical risk arising from extreme weathe...