UBS Asset Management's development bank bonds ETF hits AUM milestone

The UCITS exchange-traded fund is the first to invest in bonds issued by multilateral development banks.

"Our clients see development bank bonds as an attractive means of improving the sustainability profile of their portfolios while supporting high-impact development projects across the world," says Florian Cisana, who is responsible for ETF and index fund sales for UBS AM in the Nordic region. | Photo: PR / UBS Asset Management

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