UBS Global Wealth Management (GWM) has announced environmental, social, and governance (ESG) assessments of the funds it offers to private clients worldwide, with the aim of aiding clients and their advisers to make better informed investment choices.

All long-only equity and bond mutual funds and exchange-traded funds on UBS GWM's non-US platform will be assessed, not just specialist ESG products. Additionally, similar funds and separately managed accounts that form part of the US platform's select lists of highly recommended products will be covered.

The assessments will be completed by the end of 2019 and will be upd...