Oxford Risk: Wealth managers failing on ESG issues

The study interviewed 457 investors managed by wealth managers and found that almost half (46%) of respondents have never been contacted to discuss their attitude to ESG and responsible investing, while only 37% said that their own portfolio reflects their views on sustainable investing. This has led to 32% of investors reporting that their wealth manager does not address their ESG investing needs. A failure to properly engage in ESG has led to underinvesting by retail investors, with 31% reporting that they would invest more if their portfolio better reflected their views on ESG and ...