Surging popularity of ESG-focused strategies is set to stage a “reboot of historic proportions” in Europe’s private markets, according to research by PwC.
In a study on sustainable investment in Europe, the firm forecasts that ESG assets in European private markets are set to skyrocket to between €775.7bn and €1.2trn by 2025. This would mean that ESG strategies would account for between 27.2% and 42.4% of European private markets. "The sheer extent of Europe's predominance in this realm will ultimately see the region's influence transcending physical borders and spilling across the global landscape," the report stated. PwC said that this "explosion" in sustainable investment will see Europe alone making up between 31% and 36% of glob...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes