2020s Will Be Decade of ESG
By Shanny Basar
Jan 27, 2020 10:45 AM ET
Originally published by MarketsMedia
Marie Dzanis, head of Europe, Middle East and Africa for Northern Trust Asset Management, said 2019 was the year that environmental, social and governance strategies came to the fore, but the industry is now entering the decade of ESG.
Dzanis said at a media briefing in London this week that ESG funds have even been gaining assets in the US. “One in five managed dollars in the US were invested in ESG at the end of 2018, and that grew 33% last year,” she added.Northern Trust Asset Management launched the Emerging Markets Quality Low Carbon Strategy this month, which aims to tackle climate change risk while enhancing performance. The fund gives exposure to emerging markets equities with a carbon intensity reduction target of 70% against the MSCI emerging market index.