Square Mile: 87% of advisers don't think responsible investing compromises returns

Majority do not think it impacts financial returns

Almost nine out of ten financial advisers do not think responsible investment (RI) practices compromise financial returns, according to research from investment service Square Mile.

The 87% of financial advisers who have this position is a substantial improvement from when Square Mile asked the question in Q4 2020, when 76% of advisers did not feel RI negatively affected returns. Furthermore, 61% of the respondents stated that they had clients who would be comfortable with some underperformance in order to achieve their RI objectives.  Looking forward, 42% of those surveyed believe that more than half of their new business will be RI-focused in three years' time, with 60% suggesting that at least a quarter of their clients currently want to invest in responsible str...