New research has found that 80% of 18 to 24-year-olds with more than £250,000 in investible assets invest in ESG, green or impact funds, compared to just under a quarter of over-65s.
The findings from the inaugural Saltus Wealth Index revealed that 64% of the 1,002 respondents invested in ESG, green or impact funds, rising to 80% of under-25s and falling to 24% of over-65s. Those aged 25 to 35 with investible assets exceeding £250,000 were also more likely to invest in ESG than the overall average, with three quarters, or 74%, saying that they do. Among 35 to 44-year-olds this fell to 67% and dropped to just under half, or 48%, of those in the 55 to 64 age bracket. According to wealth manager Saltus, while young investors are more than three times as likely to ...
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