Richest Brits Too Nervous on Brexit to Make Green Investments
- Only 20% of U.K. investors have sustainable investments
- Global average is 40% according to UBS Wealth Management
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The U.K.’s richest citizens are so worried what Brexit will do to their portfolios that they are steering away from more unconventional green investments.
That’s the conclusion of a report by Swiss bank UBS Group AG’s wealth management arm. The result is surprising since Britain is one of the leaders in sustainability and green energy, having installed more wind turbines at sea than any other nation. At the same time, its high net worth investors are lagging behind the rest of the world on sustainable investing.