Advisers have said clients are looking to environmental social and governance (ESG) funds and credit-based investments to counter capital losses during the pandemic, research by Schroders has found.
The investment giant surveyed 63 advisers during April to gauge the impact on their businesses and views of their clients during the coronavirus pandemic. Advisers appeared split on how the pandemic would impact client attitudes to sustainable investing. A third (34%) of advisers surveyed said they expected the coronavirus crisis to impact client attitudes, but a similar number (35%) said they did not believe it would have an impact and the remaining 31% were unsure. Schroder's UK intermediary solutions director Gillian Hepburn said a majority (65%) of advisers believed the crisis wo...
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