Broadridge Financial Solutions: ESG assets to hit £30trn within the next decade

Net flows for the first nine months of 2021 have already surpassed the full-year total for last year

Assets in ESG investments are on track to hit $30trn by the end of 2030, according to a report from Broadridge Financial Solutions.

The report, which looked at assets in dedicated ESG mutual funds, ETFs, institutional mandates and private funds, suggested that assets will hit £8trn "today", with asset management firms in line to bag up to $9trn in net new flows.  It stated that this is a result of expanding opportunities through thematic strategies, climate transition and net zero solutions, and investments that offer measurable sustainability impacts.  So far this year, net flows into ESG mutual funds and ETFs have reached $577bn, surpassing the 2020 full-year total of $355bn.  Annual ESG ETF inflows outweigh ...