Portfolio diversification benefits and better financial returns are driving allocations to sustainable assets, according to wealth managers in the region.
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Portfolio diversification benefits and better financial returns are driving allocations to sustainable assets, according to wealth managers in the region.
As of the end of March, Singapore accounted for only $6m of the nearly $8bn AUM of the sustainable universe in Asia ex-Japan.
Fewer than a dozen mutual fund managers have an explicit ESG product, according to Z-Ben Advisors.
The high conviction portfolio is another entry into the growing group of ESG funds.
After three-months in the market during the spread of the coronavirus, an ESG fund from NN Investment Partners and China Asset Management has been announced.
Both firms have also rolled out ESG scores and rating tools for funds and indices.
Other banks also believe that there is an increasing interest in impact investing among Asia-based investors.
Inflows were seen across all major markets, but a Pinebridge fund in Taiwan led with almost half of all inflows.
NYSE-listed wealth manager Noah and its asset management arm, Gopher, have joined the UN Principles for Responsible Investing (PRI) initiative.
Structural transformations already underway will accelerate as a result of the global pandemic, according to senior fund manager Christopher Lees.
Part of the Mark Allen Group.