Assets managed with environmental, social and governance concerns continue to surge, reported CNBC, sourcing Forum for Sustainable and Responsible Investment’s 2020 trends report.
Between 2018 and 2020, total U.S.-domiciled sustainably invested assets under management, both institutional and retail, grew 42 percent, to $17.1 trillion, up from $12 trillion. The latter number represents 33 percent of the $51.4 trillion in total U.S. assets now under professional management.
Breaking it down further, money managers reported a 50 percent increase in the amount of assets they manage on behalf of retail or high-net-worth investors, growing to $4.6 trillion from $3.03 trillion during the same period, according to the report.
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