The swift adoption of ESG policies by sovereign wealth funds in China and Singapore has led to a surge in ESG assets under management in Asia, outpacing other major regions, according to a recent survey by Preqin.
The UK insurance giant says driving change in the developing markets of Asia and Africa means having a clear ESG strategy that is based on a just and inclusive transition.
A new report makes some big calls on the funds industry, including the rise of discretionary management and the mass affluent in Asia, plus a shift into passive investments worldwide.