Quintet Private Bank

Quintet Private Bank today announced the launch of the “world’s first multi-asset, climate-neutral investment fund”, Essential Portfolio Selection (EPS) Quintet Earth after raising some 280 million euros in funding. This UCITS fund “combines equal exposure to green bonds and low carbon equities”. The fund offsets associated carbon emissions through reforestation activities.

Quintet Private Bank has become more positive on Asia, both strategically and tactically. In the short term, the bank said that it believes that Asian high yield bonds currently offer better risk-adjusted returns than either China or Asian equities. The bank’s Bill Street said this on Tuesday during an outlook presentation and in a reply to additional questions from Fondsnieuws, Investment Officer Luxembourg’s sister publication.

Investment Officer Luxembourg recently had an opportunity to speak with Stephan Matti (pictured above), Group Head of Asset Servicing & Financial Intermediaries at Quintet Private Bank, about his role and the advantages of offering asset servicing and financial intermediary services from within an organisation that also has a large private banking operation.