Younger investors are increasingly mobilising their money for social and environmental good and wish to express personal values through their investments, research has shown.
In 2019/2020, ESG funds increased by 29% to reach $1.7trn, without slowing down, even when the pandemic struck. They rose between 27.3% and 55% from 2020/2021, according to data from S&P Global. The leadership committee during PIMFA's 'Under 40 leadership event' on 11 May said that age matters when it comes to investing in a way that positively contributes to society or the environment. The committee, made up of the next generation of wealth management talent, has spent the last eight months creating primary research in collaboration with Savanta to investigate changing attitudes to ...
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