Asset Management

Green fingers needed to cultivate new pensions business

State Street survey shows pensions managers need to go green to attract investors

Majority of survey respondents expect interest in ESG to increase over the next three years
Majority of survey respondents expect interest in ESG to increase over the next three years Photo: iStock

Three quarters of pension schemes want their managers to display expertise in understanding environmental, social and governance issues, according to a survey carried out by State Street Corporation.

State Street's findings, released to Financial News on May 9, will ratchet up pressure on managers to develop their green teams to capture new business.

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