Eurosif, the European Sustainable Investment Forum, has today published its latest European Sustainable and Responsible Investment (SRI) Study (see attached), which reveals the expansion of the European market, now totalling approximately €5 trillion assets under management (AuM).
Commenting Penny Shepherd MBE, Chief Executive of UKSIF, said:
“The study shows impressive growth in the SRI market across Europe, offering increased opportunities for UK asset managers to compete for this growing demand from clients. UKSIF data, released as part of the survey, shows the SRI market in the UK continues to grow and develop with a 19% increase in assets under management in the two years to the end of 2009. This contrasts with the broadly static level of total UK assets under management reported by the Investment Management Association for the same period. It is mainly due to increased engagement on behalf of clients.
“Strong growth on the continent has seen the UK share of total European SRI assets fall from one third to one fifth, with France (at 1.8 trillion euros) overtaking the UK (at 1 trillion euros) as the largest SRI provider in Europe. Meanwhile the UK is bucking the trend towards bonds as the preferred SRI asset class with the highest allocation to equities and the lowest to bonds of any European country in the study.”
Read the full press release.
Read the European SRI Study 2010.