New Products
What's New In Investments, Funds? – UBS, Columbia Threadneedle, Brooks Macdonald
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
UBS, Columbia Threadneedle
UBS Global Wealth Management has invested into the Columbia
Threadneedle Invesetments’ newly launched Sustainable Global
Equity Enhanced Income Strategy.
Columbia Threadneedle Investments didn’t disclose, however, how
much money the Swiss bank has put into the strategy. The strategy
was launched in late August.
The portfolio includes an “overlay” strategy to enhance the
portfolio’s income, with a combined target yield of between 4 and
8 per cent per annum. The strategy examines sustainability themes
to identify 30-50 companies that can benefit from these
ideas.
“Sustainability is a key fundamental trend that will continue to
shape markets, in our view. We are, therefore, pleased to bring
to life this new sustainable investment solution in collaboration
with an esteemed industry partner, to offer our clients exclusive
access to a strategy that is aligned with market trends and
contributes to portfolio diversification,” Bruno Marxer, head of
global investment management at UBS GWM, said.
Columbia Threadneedle Investments takes care of $617 billion of
assets for individual and institutional clients worldwide.
Brooks Macdonald
Wealth manager, Brooks Macdonald,
has launched its gilt portfolio service, providing its
international clients access to a bespoke alternative to holding
significant sums of cash in deposit accounts.
The firm said it will provide gilt portfolios of £200,000
($243,565) or above, with no maximum investment limit. Gilts will
be specifically selected based on the most tax-efficient outcome
for clients. The portfolio will be constructed using differing
maturity dates, ranging from six months up to five years, to
match client liabilities such as tax repayments.
“As a result of the ultra-low interest rate environment we had
for the last decade and the speed of interest rate rises in
recent months, the gilt market is currently offering a very
compelling, short-term opportunity. This gilt portfolio service
demonstrates our commitment to providing clients with innovative
solutions to help meet their evolving needs, particularly in a
rapidly changing market environment,” Edward Park, chief
investment officer at Brooks Macdonald, said.
The move follows the launch of its UK gilt portfolio service
earlier in the year, which gave UK clients the ability to invest
via Brooks Macdonald’s Bespoke portfolio service (BPS).
International clients will be able to access the gilts offering
through the managed portfolio service (MPS).
