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Bailey McCann, Opalesque New York: A new survey from Cambridge Associates shows that investors are continuing to increase their allocations to sustainable investing and impact investing funds.
The survey of Cambridge clients shows that 65% reported engaging in sustainable and impact investing, up 4% from when the survey was conducted in 2020. That total represents a 29% increase from when the survey was conducted in 2018.
Colleges and universities are newer entrants, with more than 83% of these institutions reporting five years or less of sustainable and impact investing activity. Foundation and college & university respondents have the highest rates of integration of sustainable and impact investing at 73% and 69%, respectively.
Families and high-net-worth individuals were surveyed for the first time this year, and just over half (52%) are engaging in sustainable and impact investing.
Approximately 55% of respondents engaged in sustainable and impact investing allocate more than 5% of their portfolio to sustainable and impact investments, with more than a quarter allocating over 25%. The survey report anticipates that the 5% median allocation could increase as many of the new entrants to sustainable investing are likely not fully allocated yet.
Nearly two-thirds of foundation respondents reported having more than 10% of the portfolio allocated to sustainable and impact investing, a figure that has increased with each survey.
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