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ESG is ‘no longer optional’ for asset managers, says Goldman Sachs

The combination of increased regulation at European level and President Biden’s drive for sustainable business will see the ESG trend accelerate

Funds focused on environmental, social and governance issues are “no longer optional” for asset managers and interest in them will continue to accelerate in 2021, Goldman Sachs said.

The US investment bank’s note, published on 22 February, comes as ESG-focused funds receive more and more attention, with interest having surged since the beginning of the pandemic.

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