Merrill Lynch has announced that it is launching a multi-asset class portfolio aimed at clients interested in impact investing. The portfolios seek to deliver market-rate returns as well as social rewards.
“Clients are telling us they want their portfolios to reflect their values and help improve the world they live in. As their enthusiasm grows, we continue to offer new opportunities to meet this need. We have made impact investing a strategic priority and will bring clients innovative solutions that help them promote positive social change,” says Andy Sieg, head of Global Wealth and Retirement Solutions for Bank of America Merrill Lynch.