Press review
Born2Invest
"Nearly 40% of all investments in European sustainable and socially responsible funds go through ETFs, with which institutional investors are satisfied. According to the latest statistics from the ETFGI consulting firm, globally listed smart beta ETFs in the equity category suffered a net outflow of $2.2 billion in July. This brings net inflows to only 10.36% in the first seven months of the year. EDHEC’s latest survey of the European exchange-traded fund (ETF) market confirmed the special and increasingly central place occupied by socially responsible investments (SRI) based on ESG criteria. Conducted as part of the EDHEC-Risk Institute research chair in partnership with asset manager Amundi, the survey revealed that nearly one in two European professionals (49%) now invest in sustainable SRI-ESG funds. Only 17% did so in 2011 and less than 20% five years ago. An even more significant proportion (55%) specifically use ETFs to gain exposure to sustainable investments. The survey (EDHEC European ETF, Smart Beta & Factor Investing Survey 2020), published last week, was conducted via an online questionnaire with 191 institutional investors such as European asset management companies, pension funds, and asset managers, 16% of which are based in Switzerland. Their assets under management amount to more than 10 billion euros for at least 35% of them. Véronique Le Sourd, Senior Research Engineer at the EDHEC-Risk Institute and co-author of the survey, emphasizes that the rapid development of ETFs is not only due to their degree of use but also to the intensity with which they are used to invest in SRI-ESG strategies.”
Copyright Born2Invest
https://born2invest.com/articles/sri-esg-expense-smart-beta/
2020
