Millennial desire for ESG important: PMW AM

While some investors think that millennials are not important as they don’t have money, PMW Asset Management’s fund manager, Mahnoosh Mirghaemi, believes they are very important as they will inherit money.

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Jassmyn Goh

Mirghaemi noted that millennials are gaining interest in environmental, social, and governance (ESG) investments as they not only want to move investment money for themselves but want it to be important for society too.

In order to gain alpha, Mirghaemi said portfolios needed to have a combination of ESG investments, equity, and fixed income.

For more on the attractions on ESG please click on the video panel above.

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