Private Wealth — Netting Rich Returns
A growing demand from the world’s wealthy for ethical investment products is being overlooked by the market
Significantly, three-quarters of family offices, which manage investments and trusts for wealthy families, said demand for sustainable investment would increase in the transfer of families’ wealth to the next generation.
A younger generation of high net worth individuals is driving the growth in demand for sustainable investment, says Eurosif executive director Matt Christensen. By younger clients, he means those aged between 30 and 55, who have either made new money, or who are starting to take a greater interest in managing family trust funds. “This generation has a different set of cultural values to their parents. An interest in sustainability is one of this group’s leitmotifs,” he says.
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