ESG and the future of investing
13.10.2020ESG investing is a rapidly growing category of investment options that consider environmental, social and governance factors. The interest in ESG related funds has sky-rocketed this year, with total investments topping £778bn for the first time on record, according to data from Morningstar.
Declan McAndrew, our Head of Investment Research at Foster Denovo, says, “investors should adopt a healthy scepticism and scrutiny over whether funds are doing what they say on the tin.”
He adds: “Greenwashing has become more prevalent amid a trend of managers simply rebadging legacy funds with a new sustainable label to attract investor interest.