Political Attacks Fail to Hurt ESG as US Funds Dig In Heels

Photographer: Jason Alden/Bloomberg

An overwhelming majority of fund managers in the US sees ESG as an important part of their work even as political attacks against the investing form grow increasingly targeted, according to a fresh survey.

“ESG still enjoys commanding support among US fund managers,” the Index Industry Association said in a report published Tuesday that’s based on data gathered by Opinium. Of the US-based chief financial and investment officers, as well as portfolio managers who were surveyed, 88% said incorporating environmental, social and governance metrics “has become more of a priority over the last year.”