|
Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's next for asset owners and managers", found widespread adoption of ESG factors into investment decision-making. According to the report, 70% of respondents incorporate ESG, either in how they invest, as asset owners, or in terms of the products they market, as asset managers.
The report identified a huge shift globally in how assets will be managed. Of the 77% asset owners that incorporate ESG, the survey found nearly half have 25% or less invested in specific ESG strategies, but plan to increase this to 50% or more over the next two years.
Similarly, of the 80% of asset managers that incorporate ESG, 40% currently market 25% or less of their funds as either ESG or responsible investing funds. However, this figure is set to climb significantly over the next two years, with more than half (54%) planning to market 50% or more of their funds as ESG products in two years.
Respondents in North America appear to be slightly lagging their peers in APAC and Europe in terms of their incorporation of ESG into investment decision making processes, with 70% saying they do compared with 84% in APAC and 82% in Europe 82%.
US investors are also more likely to be investing in sustaina...................... To view our full article Click here
|
RSS
