Vital Points: –
- Eight out of the top ten UAE investors who were surveyed stated out that they wish to build a difference within the global world.
- As per the UBS statement, the COVID-19 Pandemic has made the public reassess top significances with amongst a majority (90 percent) stating out that the ongoing Pandemic health turmoil had made them wish to align out their investments with their overall worth.
- As per the UBS’s latest Investor Watch Survey, the current Pandemic turmoil had also created 79 percent of the individuals to reassessment of their overall life objectives, 68 percent of those globally surveyed stated out that they wish to make a difference and around 68 percent individuals wish to comprehend and founding out a purpose. However, in the UAE, the figures are at much higher levels-at 80 percent and 78 percent respectively.
Co-president of UBS Global Wealth Management and president of the bank’s Americas division, Tom Naratil, stated out that; “The pandemic has prompted many investors to re-evaluate what matters most to them and now have a renewed desire to contribute more to benefit society. This is a unique moment where wealth managers have the opportunity to help their clients create immense change and better outcomes for future generations.”
UBS’s Investor Watch survey, which earned out a lot responses from 3,800 investors in 15 nations, unearthed out that 59 percent stated out that they were more concerned in sustainable investment than they were before the pandemic.
CO-president of UBS Global Wealth Management, Iqbal Khan, also stated out that; “Globally, investors are motivated to play their part in making the world a better, more sustainable place. The heightened interest in charitable giving and desire to obtain sustainable investing advice from younger generations is a sign, too, that this mindset may be here to stay.”
There was a marked variance in appetite for sustainable investing by age, with 79 percent of younger investors (aged below 50) opining out that the pandemic made them want to make more of a variance, comparatively to 51 percent of those over 50. Women (84 percent) were also more likely to have revaluated their objectives as an outcome of the pandemic than men (76 percent). They were also more likely (51 percent, versus 42 percent) who wanted to have an increased charitable offering.