The firm’s latest global insights report reveals that around $760bn (£581bn) was invested in dedicated sustainable funds across the US and Europe last year, up from $453bn (£346) in 2013. To facilitate this increased demand for green finance products, more than 100 new sustainable mutual funds were reportedly launched in the US alone between 2015 and 2017.
The report also charts the progress made in 2018 by financial products with ethical or social sustainability measures (ESG) against those which did not. In the US, annual return for ESG-focused equity benchmarks was 14.5%, compared with 14.4% for those without any ESG credentials. The difference across the rest of the world, meanwhile, stood at 8.1% vs 7.7%.
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