Wealthy investors' growing demand for sustainability suggests new investment trend

  • 📰 CNBC
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Wealthy investors' growing demand for sustainability suggests new investment trend. (via CNBCMakeIt)

According to the report, investors who implemented ESG equity investment strategies in 2020 beat broader benchmarks. Meanwhile, Morningstar found 70% of sustainable equity funds recorded returns in the top halves of their broad-based peer group in the first three months of the year.Tonomura said that robust performance could indicate ESG companies' superior ability to withstand crises.

"In some ways, ESG scoring has also helped highlight firms who have more robust governance and other business policies to weather disruptions such as the present crisis," he added., JPMorgan said that the pandemic could prove to be a "major turning point for ESG." Its survey of investors with combined assets of more than $13 trillion found that 50% thought Covid-19 could mark a positive move for ESG momentum over the next three years.

Millennials aged 26 to 40 are likely to lead that charge, according to Tonomura, who said young people tend to be "more conscious about sustainability and sustainable consumption."More than two-fifths of HNWIs aged under 40 were drawn to sustainable investments compared with just 16% of those aged over 60, Capgemini's report found. That figure rose to 49% of young UHNWIs.

"It will be important for wealth management firms to keep in mind these unique needs and preferences of millennial investors when designing their ESG offerings for this segment," said Tonomura.. In April, BlackRock launched a Global Impact Fund aimed at investing in businesses dedicated to solving major world problems. It plans to outperform the MSCI All Country World index. Meanwhile, robo-advisors like Betterment also run a range of low-cost, socially responsible investing options.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

MakeIt Translation: wealthy investors want out of sustainability investments so retail investors should buy the shit out of those stocks so the wealthy can get out.

MakeIt Rocks are endangered, maybe digging will help...compost

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Biden slams Trump for stock-market focus, won't help wealthy investors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. investment= jobs creation. SleepyJoeBiden is clueless How come it's okay for politicians to lie? No, Hunter was paid well. Doesn't need help..
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Insana: Main Street investors diving into speculative penny stocks and SPACs is disturbing trendMany Main Street investors appear to be getting into dangerous investments based on tips from message boards, where unscrupulous individuals can manipulate these markets. But Spazadaq $NDX and it's usual suspects of $AMZN $MSFT $AAPL etc... going up 1% a day for six days in a row at all time highs is kosher? M'kay.... They’re talking about you Genius Brand The canary in the coal mine of every bubble
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

To Make Fashion Business Sustainable, Go ‘Upstream,’ Forum SaysA virtual sustainability event held by Sourcing Journal sowed a new fashion business model with more shared value upstream, data and social impact.
Fonte: wwd - 🏆 24. / 68 Leggi di più »

China state media commentary urges investor respect for marketInvestors should respect the market, manage risks and pursue rational investments, Chinese state-run media warned in commentary on Thursday, after Chinese stocks accelerated a recent rally and hit multi-year highs. What does China know about respect? 🇨🇳 Respect? 🤪🤣🤣🤣🤪 ButchersRuleBeijing
Fonte: Reuters - 🏆 2. / 97 Leggi di più »

During Coronavirus, Investment Money Floods Into WellnessCOVID-19 isn’t the only thing changing the way investors look at wellness deals — the Black Lives Matter movement also has some reassessing their investment strategies.
Fonte: wwd - 🏆 24. / 68 Leggi di più »