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Asia’s US$45 billion SI industry still untapped by UHNWIs

The nascent but growing sustainable investing (SI) industry in Asia, valued at US$45 billion, is yet to resonate among ultra high net worth individuals (UHNWIs), Simon Smiles, chief investment officer for UHNWIs at UBS Wealth Management says. “Not many ultra high net worth individuals have taken to sustainable investing yet,” says Smiles. The investment strategy that involves rewarding socially responsible…

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