Last week I wrote about a survey of institutional investors which found that over 80% were planning to increase ESG investments in the next year. Today’s survey looks at UK fund managers in particular and finds that 87% of the 100 survey respondents expect ESG and sustainability allocations to rise. An article from PA Future discusses the survey’s main findings:
“Some 87% of fund selectors expect ESG and sustainability allocations to rise, according to a recent survey from Rathbones.
The survey, which interviewed 100 UK IFAs, discretionary fund managers, private bankers, and investment fund selectors, found 61% expected a slight rise, while a further 26% anticipated a “significant rise” in sustainability allocations.
Many respondents had already integrated ESG and sustainability holdings within standard portfolios, with four in five holding between 11% and 25% in these sectors. However, the survey also found that only 3% allocate more than 25% of their portfolio to ESG assets, suggesting that further growth is possible.”
While a similar number of investors expect sustainability investments to rise, the UK’s results differ slightly. In the global survey, investors were more timid, with fewer expecting large increases in ESG investments. In the UK, fund managers appear more optimistic, with a bigger share expecting more substantial investments in sustainability. While ESG appears to be coming back around in the US, the EU and UK mentality remains more enthusiastic.
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