Janus Henderson's Jamie Ross has dismissed talk of a forthcoming ESG bubble, claiming instead that the investment world is "in the foothills of a re-rating" for sustainable stocks.
Asset managers and investors alike continue to allocate more resources to the area, with responsible investment funds' assets under management having doubled since Q1 2019 to reach £36bn by August 2020, according to Investment Association data. However, Ross noted that despite people already claiming we are nearing an ESG bubble, in fact ESG-friendly companies only started to outperform non-ESG-friendly companies in the US in January 2020. Adrian Lowcock: ESG funds no longer 'nice to have' but core part of portfolios The manager of the £279m Henderson EuroTrust pointed to previousl...
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