Singapore
ENVIRONMENTAL, social and governance (ESG) investments are expected to drive growth for asset managers over the next three years, an outlook survey by the Investment Management Association of Singapore has found.
Eighty-six per cent of respondents surveyed believe this, compared to 68 per cent last year.
Sixty-seven per cent also expect ESG or impact strategies to grow in popularity in 2021.
In a statement, IMAS said ESG considerations are a fairly recent development in Asia, which poses challenges...
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