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UBS GWM invests in US$617 billion asset manager’s sustainable strategy

UBS Global Wealth Management (UBS GWM) has invested in Columbia Threadneedle Investments’ (CTI) recently-launched sustainable global equity strategy, as the Swiss private bank bulks up its offerings in the green investing space. CTI, which has AUM of about US$617 billion, said on Wednesday that UBS GWM would allocate an unspecified amount to the asset manager’s Sustainable Global Equity Enhanced Income…

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