Asset Management

US fund giants dominate in sustainability stakes

Vanguard, PineBridge and T Rowe Price top a new Morningstar ranking of fund managers ticking the boxes for sustainable investing

Red, white and green: there are indications US firms are keen to grow in sustainable investing
Red, white and green: there are indications US firms are keen to grow in sustainable investing Photo: iStockPhoto

US firms dominate a ranking of the UK’s best-performing green funds, providing further evidence that firms from across the Atlantic are increasingly embracing and benefiting from sustainable investment strategies.

According to research provided exclusively to Financial News, Morningstar said six of the top 10 best-performing funds on sale in the UK that meet its new sustainability criteria are managed by US firms, with the top five made up of US managers.

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