Details

Autor(en) / Beteiligte

• Trovato, Elisa

Titel

Calls for impact strategies across entire portfolios

Ist Teil von

• Professional Wealth Management, 2023-03, p.22

Ort / Verlag

London: The Financial Times Limited

Erscheinungsjahr

2023

Beschreibungen/Notizen

• Today, there is "a lot more capital deployed for intentional impact than ever before", but size and lack of track record for private equity impact funds remain an issue, says Andrew Lee, global head of sustainable and impact investing for UBS Global Wealth Management's chief investment office. "Smaller and emerging impact general partners can find it challenging to raise capital at the scale they seek, as capital disproportionally flows to larger firms that are more familiar with institutional investors and wealth platforms," says Mr Lee. The long bull market before last year's correction put the spotlight mostly on growth-oriented, sustainable thematic strategies, which outperformed in recent years but have recently suffered in an environment of rising interest rates and risk of recession.