Banking and Financial Services

UnionBank launches first USD risk-based multiasset Fund in the Philippines

UnionBank, has recently launched the very first US-dollar denominated risk-based fund in the Philippines, in partnership with top Swiss private bank and global asset manager Lombard Odier.

The fund mirrors the Swiss bank’s successful discretionary portfolio management strategy for its private clients all over the world, which it has used for many years. It focuses on managing the risk of the portfolio in order to achieve smoother returns over time. This risk-based approach is unique in that it focuses on a return target with a risk budget, and is not driven by knee-jerk, short-term reactions to changes in the political, economic and market environment.

“Through this, the investors will have the chance to benefit by being able to access diversified global investment outlets. This fund represents a viable investment option for private clients looking to preserve and grow their wealth not just for current but also future generations.”

-Robert Ramos, First Vice-President and Trust and Investment Services Group Head, UnionBank

“The risk-based investment process seeks to maintain the total level of risk of the portfolio under control, mitigating sharp drops in the markets,” added Ramos.

Through the Fund, UnionBank seeks to build portfolios that adapt quickly to periods of economic growth, inflation or downturn. Depending on the way markets move, the Bank can adjust the allocation daily if necessary.

The fund launch was met with enthusiasm by the Bank’s customers.

This is the first of many global investment and wealth planning solutions UnionBank will be offering to its higher-end clients.

Last year, UnionBank signed a strategic alliance with Lombard Odier to offer holistic investment and family wealth management solutions to onshore private clients in the Philippines.


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