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30.11.2020 50

The day after #3 - Covid-19 crisis and the ESG transformation of the asset management industry

Published November 30, 2020

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ABSTRACT


The Covid-19 crisis -- which unleashed an economic and financial shock of unprecedented magnitude -- has impacted businesses in a variety of ways. The asset management industry was confronted with sell-offs of traditional assets, but investment flows in environmental, social and governance (ESG) funds proved resilient. With household savings at a robust level, the challenge facing the sector is to drive the transition to a low-carbon economy. The latest regulatory initiatives taken by the European Commission should help move this challenge along.

First date of publication: May 2020
Updated on: November 2020

 

To find out more, download the full paper 

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