Advisers expect half recommended assets will be ESG within five years.

Advisers expect half recommended assets will be ESG within five years.

“Financial advisers expect demand to rise sharply for ESG assets according to new researchfrom the lang cat. They estimate that the proportion of ESG investments recommended in five years will be 48%, compared to just 19% today.

The findings form part ofCrossing the ESG Event Horizon–an adviser’s guide, a new report from the lang cat, supported by Schroders, which seeks to understand the issues around considering environmental, social and governance factors alongside financial factors in the investment decision-making process.”

[COMMENTARY]I don’t think there’s anything to add to this story. It’s obvious to all in the investment industry that this is the way it’s going to work out.
Advisers expect half recommended assets will be ESG within five years, by Peter Wilson, January 28, 2021, IFA Magazine, UK.

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