In the wake of #MeToo, and a stream of allegations of sexual misconduct against powerful men, more banks are encouraging clients to turn public awareness into proactive investment.
The latest trend in impact investing is “gender-lens” funds, which allow investors to put their money where their mouth is by supporting companies that champion gender equality.
UBS set up such an exchange-traded fund (ETF) this year, in conjunction with Equileap, an organisation that promotes equality-based investing.