RIAs fear broaching ESG topics with clients amid blowback, but 'do-the-right-thing' investments are still big business, Cerulli shows
A preference for ESG sees slight erosion among investors, from 48% to to 46%, but 49% don't want to own products that buy 'objectionable' companies.
Author Brooke Southall February 6, 2025 at 2:33 AM
Keith Girard contributed to the editing of this article.
Brian Murphy
February 6, 2025 — 5:57 AM
I call BS. In 20 years I have never had a client or prospect raise the issue of DEI or ESG investments with me. Further in asking them about preferences around such strategies none have shown any interest. As I noted years ago, DEI/ESG is nothing more than a "meme" whose time has come and gone.
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