UK millennials shun sustainable investments.
"A survey has found that just 14 percent of UK millennial investors who cite an interest in sustainable investing actually invest in the area."
[COMMENTARY]What people say and what they do are two very different things! The survey data cited above provides a good explanation of why most investors who say they want to invest in ethical, sustainable, responsible investments, don’t.
The latest Canadian data on responsible investing will be out in the next few weeks. I’ll be watching closely to see if the percentage of total Canadian retail fund assets invested in responsible funds exceeds 4%. If not, it’ll be another disappointment. Though, institutional responsible assets should still do well.
UK millennials shun sustainable investments, September 24, 2018, Private Banker, UK.