Fund managers that were touting the benefits of ESG investing before the coronavirus outbreak say the pandemic has only strengthened their convictions and the performance of sustainable portfolios should vindicate their strategy.
DWS and Insight Investment, which respectively oversee $834 billion and $820 billion of assets, are among the firms that say they’re not slowing their efforts to put environmental, social and governance issues at the core of their businesses even as the coronavirus outbreak causes untold economic damage. Allianz Global Investors, with $612 billion of assets under management, is doing a deep analysis to measure if ESG investments truly outperform.
