Asset Management

ESG impact on fund performance shrinking as Covid-19 sharpens focus

More than half of investors with a collective $26.8tn in assets said Covid-19 made sustainability more important

According to a global survey by asset management firm Schroders, more than half of investors surveyed viewed sustainability as a more important focus because of the pandemic
According to a global survey by asset management firm Schroders, more than half of investors surveyed viewed sustainability as a more important focus because of the pandemic Photo: Getty Images

The impact of sustainability concerns on investment performance has continued to fall for the fourth consecutive year, according to a global survey of institutional investors.

A flagship annual study by asset management giant Schroders showed around 38% of institutions held performance concerns about sustainable investing, compared to 45% a year earlier. The fall was more pronounced as the Covid-19 pandemic affected investor perceptions, with the same statistic in 2019 recorded at 48%.

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