A new study reveals the state of the art of impact investing and who is fostering it.
"Responsible investment now commands a sizable share of professionally managed assets in each region, ranging from 18% in Japan to 63% in Australia and New Zealand. Clearly, sustainable investing constitutes a major force across global financial markets." Meanwhile, tighter standards are holding Europe back. (GLOBAL SUSTAINABLE INVESTMENT ASSETS WORTH $30 TRILLION)
75% of U.S. asset managers say their firms now offer sustainable investing strategies, up from 65% in 2016.
"If even a relatively small proportion of global private equity funding is dedicated to contributing towards the U.N. SDGs, it could significantly contribute to closing the funding gap." (Gordon Brown)
Released by Morgan Stanley, the document signals the rise of interest in sustainable investing among Millennials.