Friday
February 22
2019

Report: Most U.S. money managers see sustainable investing as essential to thrive

By James Comtois

Most U.S. money managers view sustainable investing as a strategic business imperative and have adopted such investment practices, said results of a new survey from the Morgan Stanley (MS) Institute for Sustainable Investing and Bloomberg.

According to the survey, “Sustainable Signals: Growth and Opportunity in Asset Management,” 75% of respondents reported that their firms have adopted sustainable investing, up from 65% in 2016, when Morgan Stanley and Bloomberg conducted the previous survey of this kind.

“The survey results demonstrate that sustainable investment strategies are now a strategic imperative,” said Matthew Slovik, managing director and head of global sustainable finance at Morgan Stanley, in a news release announcing the survey results. “It is clear that asset managers will continue to invest new resources and expand their product portfolios in the coming years.”

Photo courtesy of Pexels.

Source: Pensions&Investments (link opens in a new window)

Categories
Investing
Tags
business, impact investing, sustainable finance, sustainable investing