Our IwP offering spans managed opportunities, alternative investments and capital markets strategies that enable you to pursue your financial and sustainability objectives. Whether you seek exposure to individual investments or wish to build entire core and opportunistic portfolios that reflect your worldview and values, we can help you realize your sustainable investing goals.
By nature, clients of the Private Bank are progress makers who strive to improve the world we live in.
Among their priorities are protecting the environment, contributing to a more equitable society and raising standards of corporate behavior.
As consumers, many of the individuals and families we serve are considering the impacts of climate change, natural resource depletion, biodiversity loss, supply chain management and human rights across the businesses with which they interact. In their business and philanthropic activities, they are committing capital to innovations that address the world’s greatest challenges.
In common with the Private Bank and the wider Citi, many of our clients believe that private capital can and should be used to effect positive change via investment strategies that incorporate sustainability principles.
Our clients are thus using their influence as investors to seek greater transparency into companies’ processes and impact, along with enhanced board oversight and ownership of risks.
They are also increasingly aware of other benefits of sustainable investing, such as holistic risk management, a diverse source of opportunities, and potential returns. Investing with Purpose (IwP) is Citi Private Bank’s approach to sustainable investing.
PORTFOLIOS BUILT AROUND YOU
IwP is the natural extension of our years of customizing portfolios for our clients.
We begin with an in-depth understanding of your sustainability goals and preferences and implement them with investments that meet your risk and return characteristics.
Our robust platform comprises opportunities across all asset classes. The Private Bank also offers self-directed sustainable investments in order to meet risk profile requirements and thematic preferences such as renewable energy or clean water.
Moreover, we provide access to investments such as green and social bonds that have a clearly defined use of proceeds.
If you seek thematic investments, we can create this exposure by adding an opportunistic/thematic tilt to either a traditional core portfolio or a core portfolio comprising broad environmental, social and governance (ESG) managers.
To help guide the creation of your sustainable portfolios, we offer you access to institutional-caliber analytics.
Our Global Investment Lab has developed proprietary tools to give you insights into the sustainability characteristics of individual securities and managed strategies. These include ESG risks, exposure to desirable or controversial themes and corporate carbon footprint.
We can provide these insights in respect of all your holdings at Citi and elsewhere.*
OUR CULTURE OF SUSTAINABILITY
Citigroup is a long-time advocate of sustainability and inclusion practices in the financial sector and in society more broadly.
Meet our people
Harlin Singh Urofsky
Meet our wealth expert
Harlin works across Citi’s investment divisions to develop and embed a global framework along the full spectrum of sustainability to ensure its alignment with Citi’s best thinking on portfolio management, research and asset allocation. This includes environmental, social and governance (ESG) integration, socially responsible, thematic and impact investments.
Harlin is an observing member of the Global Investment Committee and oversees Investing with Purpose, our sustainable investing platform. She is also a representative on Citi’s Net Zero Task Force, entrusted with the group’s goal of reaching net zero emissions by 2050.
Prior to joining Citi in 2017, she served as Associate Director of innovative finance at the Milken Institute. Before that, Harlin spent over a decade as a capital markets and foreign exchange specialist, advising ultra-high net worth individuals and family offices at Deutsche Bank and Citi, having begun her career at Lehman Brothers. She also served as an adjunct professor of impact investing at USC’s Marshall School of Business.
Harlin holds an undergraduate degree in finance from Rutgers University and a master’s in public administration from New York University.
Meet our wealth expert
David has overall responsibility for Citi Global Wealth Investments, which unifies the Investments teams of the Private Bank and the Consumer Bank worldwide.
As Chief Investment Officer, David ensures the integration of our asset allocation, manager research and portfolio management teams, and offers his perspectives on the markets.
David joined the Private Bank in 2009 as the Global Head of Managed Investments. He designed the architecture of our global managed investments platform, including its Citi Investment Management unit, and our distinctive private equity, real estate, hedge fund and traditional investment teams. He became Global Head of Investments in October of 2017.
Prior to joining Citi, David was Head of Alternative Investment Asset Management for Bank of America Global Wealth and Investment Management, where he was responsible for client alternative investments across private equity, real estate, venture capital and hedge funds. He has been a co-founder of a hedge fund of funds, Martello Investment Management, and a senior executive at two leading hedge funds, John W. Henry and Company and Ellington Management Group.
David holds a BA with honors from Amherst College and an MBA with honors from Harvard Business School.
Sustainable investing is when investors seek varied financial and sustainability outcomes depending on their investment objectives and processes. It encompasses four main approaches, including Socially Responsible Investing (includes Ethical investing), ESG Integration, Thematic investing, and Impact investing.
There's a widespread perception that applying environmental, social, and governance criteria means sacrificing performance. We disagree.
Sustainable investments are exposed to the same risks as other traditional investments. However, greater regulatory oversight and transparency is critical for investors to feel confident about sustainable investing. This includes understanding the ESG score behind an investment as it may not tell the full story; a deep fundamental analysis of a company or a portfolio manager’s investment processes is therefore essential.
In some jurisdictions, the term sustainable investment is used to describe very specific investments. For example, in the EU, the term sustainable investment has come to mean compliance with the Sustainable Finance Disclosure Regulation and or alignment with the EU taxonomy which entails investing in companies which conduct specific economic activities that meet regulation defined environmental criteria.
The four main approaches to sustainable investing are Socially Responsible Investing (encompasses Ethical investing), ESG Integration, Thematic Investing and Impact Investing. The last approach, Impact Investing, seeks to generate measurable impact in a particular environmental or social area.
The future of water
With the global population perhaps swelling to 10 billion by 2050, fresh water supply challenges look set to intensify. The need for sustainable water solutions is generating investments in technology, infrastructure and science that, in our view, may well be revolutionary. Explore the outlook for one of humanity’s most vital resources in this video.
Investing with purpose
Listen to colleagues from across the organization share their observations on Citi’s ESG efforts, recognizing that what we’ve achieved is significant, and is just one step in our relentless pursuit to be the best for our clients by providing sustainable investment solutions.
Citi as One for Sustainability
Listen to colleagues from across the organization share their observations on Citi’s ESG efforts, recognizing that what we’ve achieved is significant, and is just one step in our relentless pursuit to be the best for our clients by providing responsible, sustainable solutions.