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ESG boom generates 300% jump in revenues for asset managers

Exclusive data provided to Financial News show management fees generated by ESG funds have surged over the past two years

A bumper growth in revenues coincides with a significant increase in European ESG assets
A bumper growth in revenues coincides with a significant increase in European ESG assets Photo: Getty Images

As assets overseen by Europe’s sustainable investment funds are swelling to record levels as the ESG boom makes millions of dollars in additional revenues for money managers.

Exclusive data provided to Financial News by Fitz Partners, a firm which specialises in fund fee analysis, show the management fees generated by sustainable vehicles have surged over the past two years, coinciding with increased investor demand for environmental, social and governance products.

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