Santander's Openbank adds sustainable funds to its Roboadvisor solutions range
Openbank, Santander Group's digital bank, has incorporated sustainable funds to its automated investment strategies (roboadvisor).
Among the five automated investment strategies, each of the adapted accordingly the different investor profiles, the presence of ESG funds exceeds 40% in all portfolios. In the case of the most conservative profiles, the presence of these products reaches up to 79% of the total portfolio.
Gonzalo Pradas, investments and wealth director at Openbank, said: "We believe that sustainable investment products are the future of the industry and a highly valued asset for our clients. At Openbank, we are breaking through, looking for the profitability of our clients' portfolios, prioritising the inclusion of ESG/SRI funds in our automated investment strategies."
Invertimos por ti (We Invest for You) is the Openbank automated investment service that fits the profile of each client and to the ongoing changes that are taking place in the market. The monitoring and adjustment of the same is carried out periodically and continuously by the Openbank Investment Committee, advised by BlackRock and backed by Santander Asset Management.
