Chinese Institutions Put ESG ETFs On Most-Wanted List
Survey reveals 80% plan to allocate up to 20% of their assets to the sustainable funds over next five years.
Mainland Chinese and Taiwan investors rank ESG ETFs as their top choices for new products, while Hong Kong investors rank it as their third-most desired ETFs, a new survey from Brown Brothers Harriman shows.
More than 300 institutional investors, financial advisers and fund managers, including 146 respondents across the three markets of the mainland, Hong Kong and Taiwan, were questioned for the survey. A total of 80 per cent of the surveyed mainland investors said they planned to allocate between 11 per cent and 20 per cent of their assets into ESG ETFs over the next five years.
Source: https://www.ft.com/content/7b4a3167-e74e-4565-a3ca-32cdcc2f147e