PRID - ESG A New Paradigm For The European Investment Industry?
By Detlef Glow
Following the news about product releases and trends in the European fund industry, one may get the impression sustainable investing is the new hot topic in the industry, since there are funds with a sustainable investment objective launched every week. Some observers may already see an inflationary use of the terms environmental, social and governance ((ESG)) and socially responsible investing ((SRI)). In addition to the specialist funds, an increasing number of asset managers state they have the so-called non-financial data integrated into their research and portfolio management systems so analysts and portfolio