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Dearth of product stunting impact investment growth

The distinct dearth of impact investment solutions on private banks’ product shelves is hampering interest in strategic philanthropy, according to a panel of UBS Wealth Management specialists and philanthropists speaking the UBS Philanthropy Forum Asia. “Many private banks are still in an experimental phase with their impact investment products,” said Mario Marconi, chairman philanthropy at UBS Wealth Management, observing that while private…

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