Norms-based Screening: UBS Asset Management has implemented a process to prevent investments in companies involved in the development, production or purchase of cluster munitions and antipersonnel mines for our actively managed corporate (non-financial) fixed income assets. The firm's Sanctions Compliance Committee issues a list of affected companies based on information provided by an external advisor. Changes are implemented by the responsible Portfolio Managers. Portfolios undergo regular pre and post-trade compliance checks.
Negative Screening: Directed by client requests, we are able to incorporate negative screening lists for securities, issuers or certain sectors provided by clients into our investment process.