Fund managers have continued to increase their allocations to ESG smart-beta products, known as "smart sustainability", to protect themselves from long-term risks such as climate change, according to a survey conducted by FTSE Russell.
The survey, entitled Smart-beta: 2017 global survey findings from asset owners, found 69% of investors wanted to "avoid long-term risk", such as climate change, when implementing ESG considerations, as opposed to buying the products for societal good, regulatory requirements or performance reasons. The survey was conducted over January and February with 194 global asset owners in North America, Europe, Asia Pacific and other regions. What has been driving the boom in passive ESG product launches? The report said: "It may surprise some that the top motive for applying ESG considerat...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
