Almost one third of European asset managers make improving their ESG position a strategic priority

Written by Adam Cadle

09/05/2023

Despite muted sentiment around the growth of the European ESG market in the coming years, almost a third of asset managers at the European level consider improving their position as a leader in ESG a strategic priority, new research published by Cerulli has shown.

Just 8% of asset managers anticipate fast growth (greater than 10%) for active ESG mutual funds over the next 12 to 24 months, whereas 26% expect moderate growth (6% to 10%) and 58% expect slow growth (1% to 5%).

In the passive sphere, 14% of respondents expect fast growth of ESG index fund assets over the next 12 to 24 months, 38% expect moderate growth, and 43% anticipate slow growth.

In addition, 12% expect fast growth of ESG ETF assets, 47% anticipate moderate growth for such assets, and 34% predict only slow growth.

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