The latest issue of investment consultant Cerulli's monthly report on trends in Europe suggests that 2020 will be a "pivotal year for ESG investing strategies and products targeting retail investors." Cerulli notes that the EU is targeting a $100bn annual budget for climate change projects by 2025, which is up sharply from the predicted $24.3bn outlined in 2018. And there are ongoing calls for greater infrastructure investment over the coming decade to improve sustainability, it adds. Fabrizio Zumbo, associate director, European asset management research at Cerulli, says: "Listed inve...
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