Gold funds which do not have strong ESG credentials are set to lose investors to rivals which focus on “responsible and sustainable sourcing", Investment Week has learned.
A new survey from HANetf found that 36% of investors expect a "dramatic" swing towards gold funds with strong ESG credentials, while 54% predict a slight swing. The research, which interviewed 100 institutional investors and wealth managers responsible for $67.1bn in AUM, found that investors' focus on where gold is sourced and mined is changing rapidly. About 80% of investors surveyed reported that they expect an increase in focus on responsible and sustainable gold mining in the coming years. LGIM strips gold mining ETF of ESG label Hector McNeil, co-CEO and co-founder of ...
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