Nearly one-third of advisors plan to increase their use and recommendation of ESG funds over the next 12 months, up from 19% in 2019, according to a new FPA survey.
According to our annual survey, financial advisors are becoming more interested in sustainable investments, though concerns over performance sacrifice linger.
'I think what's actually emerging here is ESG has more semblance of being the new quality factor.'
Cookie cutter solutions are less effective in trying times.
Money managers and strategists at Capital Group, Franklin Templeton and BlackRock Inc. say equities remain attractive.
Volatile markets supposedly give active funds an advantage over passive competition. But recent performance is damning.
