Following the realisation of a large inheritance, a London-based client working with a local Jersey trustee required a proposal to manage the proceeds for the long term.

The client specifically asked how they could ‘do well by doing good’, while factoring in asset protection and succession planning. This made Jersey a natural fit for the trust arrangements.

UBS presented their comprehensive sustainable discretionary solution, incorporating exclusive access to World Bank bonds. These provide general funding to the World Bank, benefitting from their credit rating, while helping developing countries fund complex sustainable and socially responsible development work.

The client and their advisors were equally impressed with the equity portion of the portfolio. Specifically, the engagement sector where UBS works with a fund manager to engage with firms who are not performing well in their environmental, social or governance objectives and help them improve. This provides a long-term opportunity for both benefit and return. Subsequently, one of the settlors of the trust
has co-invested with the same objectives.