Fund managers cite ESG adoption as major growth driver: IMAS survey
Based on the 2018 trend report by the Global Sustainable Investment Alliance, ESG integration comprises US$17 trillion in assets.
Genevieve Cua
ADOPTION of environmental, social and governance (ESG) in investments is seen as the biggest driver of investment growth over the next three years, a survey by the Investment Management Association of Singapore (IMAS) has found.
ESG adoption was cited by 68 per cent of fund managers in the survey conducted in mid-December, compared to 47 per cent in the previous year's outlook study.
The second strongest future driver was demographic shifts such as the emergence of millennials as investors and increased retirement needs.
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