ABN AMRO and ABN AMRO MeesPierson are receiving more and more requests for sustainable investment opportunities from their clients. To make sustainable investing easier, ABN AMRO MeesPierson is set to launch Sustainable Investment Advice on 15 November.
The Sustainable Investment Advice service consists of advice on sustainable investment funds, including impact investing. Impact investing includes not only a financial return, but also a quantifiable ‘sustainable return’ – measuring reduced output of greenhouse gases, for example. Sustainable Investment Advice has a risk/return profile similar to the popular Comfort Advice product and an identical cost structure.
ABN AMRO’s Managing Director of Wealth Advisory and Investment Eran Habets comments, ‘Until now, the options for sustainable investing were limited: clients had to either rely on asset management or else explicitly ask their investment advisor for sustainable options. Now, clients who choose Sustainable Investment Advice will receive recommendations that consist exclusively of sustainable investment funds. Many of our clients are asking for this, and we expect that the demand for sustainable investments will continue to grow during the coming years.’
ABN AMRO MeesPierson is ABN AMRO’s private banking division.