Sarasin changes investment offering to a sustainable one
The Swiss private bank now requires clients to æopt outÆ if they donÆt want their portfolio run along sustainable-investment lines; performance in the sustainable portfolio is deemed superior.
Bank Sarasin has made its sustainable investment strategy the core programme for its private-banking clients because it has found performance has been superior to its traditional investment portfolio.
Andreas Knörzer, Basel-based managing director and head of sustainable investment, says this switch, in which investors need to 'opt out' of the sustainable investment portfolio rather than choose to use it, has become a cornerstone of the bank's business-development efforts among high-…
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