False dawns or the start of change? Key investment views and trends in 2021
11.12.20202021 is just around the corner, and hopes are rising that certain sectors will bounce back. Should investors get carried away or approach with caution?
Declan McAndrew, our Head of Investment Research shares his thoughts on the developments relating to ESG investing.
“The ESG market has seen two- or three-years’ worth of development in less than 12 months. As a result, we have seen increased availability of sustainable offerings, together with the political agenda of developed economies shifting to acknowledge this attitudinal change.
Sustainability is now a major tenet of policy for the UK Government, and the US President-Elect Joe Biden will re-join the Paris Agreement on his first day in office.
In short, many clients now see sustainability as core to their future and want their pension and investments to reflect this.
The move towards consistent standards is essential. Some fund managers may rebrand existing products to meet a minimum standard, limiting negative environmental or social impacts, without demonstrating any positive ones.”