The preferences of retail investors for sustainable investments over traditional investments are well documented.
It is yet another in a series of excuses for the industry to extract higher fees from clients. Smart beta also comes to mind. Sadly a lot of it comes down to marketing with no real benefit to the end client.
People pay to not do things alone :)
I’d guess there is back office work required for the added compliance of documenting the sustainability initiatives
Great piece. Good timing, so I included in my piece for InvestorPlace. Thanks! https://investorplace.com/2021/09/what-a-trillion-dollar-investor-groups-climate-warning-means-for-esg-stocks/
It is yet another in a series of excuses for the industry to extract higher fees from clients. Smart beta also comes to mind. Sadly a lot of it comes down to marketing with no real benefit to the end client.
People pay to not do things alone :)
I’d guess there is back office work required for the added compliance of documenting the sustainability initiatives
Great piece. Good timing, so I included in my piece for InvestorPlace. Thanks! https://investorplace.com/2021/09/what-a-trillion-dollar-investor-groups-climate-warning-means-for-esg-stocks/