The groundswell of investor interest in ESG investments has not been lost on most financial advisers, but when it comes to getting up to speed, there remains a gap.
According to a new report from PGIM Investments, 54% of advisers surveyed say they expect to increase allocations to environmental, social, and governance investments over the next three years, while 33% say they plan to maintain the same exposure. Only 2% say they plan to decrease ESG exposure in client portfolios, and 11% say they will not be investing in ESG products or strategies.