HANetf: Pension funds, institutional investors and wealth managers predict gold funds will lose investors over a lack of ESG focus

HANetf: Pension funds, institutional investors and wealth managers predict gold funds will lose investors over a lack of ESG focus

ESG Goud
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New researchbij HANetf reveals that professional investors (pension funds, institutional investors, and wealth managers) believe gold investment vehicles which do not have strong ESG credentials will lose funds to rivals focused on responsible and sustainable sourcing over the next two years as the sector develops.

The study found nearly two out of five (36%) professional investors predict a dramatic increase in transfers to funds with strong ESG credentials while 54% expect a slight increase in switching.  The research with institutional investors and wealth managers responsible for $67.1 billion assets under management in Germany, Switzerland, Italy and the UK, found the focus placed by institutional investors and wealth managers on how gold is sourced and mined is changing rapidly with more investors looking for responsible and sustainable funds and companies.

 Some 80% of the institutional investors and wealth managers questioned say they expect an increase in focus on responsible and sustainable mining of gold underlining the need for gold investment vehicles to improve their ESG credentials.