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This is what rich investors are betting money on for the next five years

Some investors with a net worth of more than $876m think socially conscious investing leads to better returns

Yachts moored at the Hercules Port in Monaco.
Yachts moored at the Hercules Port in Monaco. Photo: Valery Hache/Getty Images

High-net-worth investors are planning to increase significantly their allocation for impact investing in the next five years, a survey has found.

More than three-fifths of respondents, which included individuals and family offices with a net worth of over $876m, said coronavirus had encouraged them to broaden their risk assessment to include more environmental, social and governance (ESG) factors in their portfolio.

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