One in three European equity funds to be focused on ESG by 2030

Over the past two years, flows into ESG funds have gone up eight-fold, while the number of ESG funds available in the market now surpasses 1,000, a 40-times increase in the past decade. Europe is the leader in this space, however even in the European Union ESG funds make up just 7% of total assets. In its paper entitled ESG Matters - Europe: Great for the world, good for returns, BofAML analysts predict ESG investing in EU equities will rise by €800m-€1.1bn by the end of the decade, with one in three funds to be focused on ESG investing. This shift will partly be driven by re...