Sustainable investments in exchange traded funds will rise from the current level of $25 billion to $400 billion by 2028, the fund manager predicts.
Assets invested in sustainably invested exchange traded funds will rise from the current $25 billion to $400 billion by 2028, according to an analysis of market trends by BlackRock
According to a report from the world’s largest fund manager, growth in ESG ETFs will mean that the total share of sustainable investments in ETFs will increase from today’s 3% of total assets, to 21% of all assets by 2028.
The company published the projection on the same day as chief executive Larry Fink said that sustainable investing would become a core component for how the world invests in the future, in an interview with the Financial Times. He added that this trend was in the “early stages”.