UBS Wealth Management UK has launched an iPad app designed to help charities understand their investment portfolios, highlighting continued use of such apps by private banks.

UBS Wealth Management UK has launched an iPad app designed to help charities understand their investment portfolios, highlighting continued use of such apps by private banks.

The app offers a broad economic analysis and features UBS Wealth Management’s Charities Compendium, which is a guide covering investment opportunities that may be suitable for charities, UBS said in a statement late last week.   

At a time when charity trustees are facing increasing challenges amid tougher regulation, greater media scrutiny and changing relationship with the government, the UBS Charity Compendium is designed to put charities in closer contact with their investments.  

The app deals with areas such as sustainable investing; equities that offer long-term returns; bonds, and real estate and alternative investments. The app also considers new investment opportunities and includes information on regulatory changes, economic analysis, and industry updates. The appropriate time to make investments and how charities can curb risks are a point of focus.  

UBS Wealth Management’s chief executive, Jamie Broderick is featured on the app’s video content. There is a contents page that will help for efficient use and book marking. Users will also be able to contact UBS Wealth Management, provide feedback, and the compendium’s content can be read offline.

“We believe that the Compendium meets the increasing need for trustees to be up to speed on the risks their charity faces. Our app addresses the increased challenges facing charitable organisations, which have intensified after the financial crash,” said Andrew Wauchope, head of charities, UBS Wealth Management.  

Along with being published in the fourth edition of the NCVO Good Financial Management Guide, a publication aimed at the voluntary sector, the changes charities have faced during recent years are highlighted in the app. UBS Wealth Management sponsors the guide.