One in three European equity funds to be focused on ESG by 2030

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One in three European equity funds to be focused on ESG by 2030

Bank of America Merrill Lynch (BofAML) estimates that assets under management in ESG equity funds based in Europe will rise by €1trn by 2030. In its paper entitled ESG Matters - Europe: Great for the world, good for returns, BofAML analysts predict ESG investing in EU equities will rise by €800m-€1.1bn by the end of the decade, with one in three funds to be focused on ESG investing. Over the last two years, flows into ESG funds have gone up eight-fold, while the number of ESG funds av...

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