ESG and sustainable investment is set to become even more important for charity investment portfolio management, putting pressure on advisers to enhance their credentials, according to Investec Wealth & Investment.
The study by the company with senior executives at UK charities found 88% said ESG credentials are currently important when selecting investments for their portfolios, with 26% saying it is very important. Over the next three years, 94% said ESG will become more important when selecting investments and 16% said it will become significantly more important. Meanwhile, just 6% questioned said its level of importance will not change. That will put pressure on investment management advisers working with charities, the research found. The research found that currently, around a quarter (...
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