PWC's Exponential Expectations for ESG
Results of a recent PwC global survey of asset managers and institutional investors.
One of the most striking findings from our worldwide survey of 250 institutional investors and 250 asset managers, representing nearly half of global assets under management (AuM), is the exponential rate at which this transformation is taking place, as established markets grow and new markets come on stream.
As ESG-orientated mandates fast become the default—not just in Europe but also the US—the race is on to shift allocations and retrofit existing funds to keep pace with investor expectations. But as vital as the conversion efforts are, they’re only a stopgap. As our survey underlines, long-term survival and success depend on the ability of asset managers to prepare for the next big shakeup in the market by differentiating their strategy and delivering on their purpose.