Nearly three quarters of UK financial advisers are now explicitly considering ESG factors as part of their fund selection process, up from just 43% last year, according to the 2020 Schroders UK Financial Adviser Survey.
The research, which collated answers from 125 UK-based advisers in November, saw a significant increase in the number of advisers paying attention to ESG issues in their investment processes to 74%, while just 26% said the do not consider ESG issues. Doug Abbott, head of UK intermediary at Schroders, said the increase in interest "shows how important having good ESG characteristics is becoming and how important it is for the industry in terms of the outcomes we can deliver for clients". According to Abbott, one of the key reasons for the huge rise in interest is regulatory pressure, w...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
