ESG-oriented AUM to increase by half by 2027 – PwC Luxembourg
Though ‘increased regulatory scrutiny’ has led to decline in Article 9 funds
Though ‘increased regulatory scrutiny’ has led to decline in Article 9 funds
As business confidence shows considerable improvement from last year
Multiple factors indicate rapid growth of green, social and sustainability bonds over next four years
2017 has been heralded by asset managers as the year of accelerating global growth. But CEOs aren’t having any of it. Uncertain economic growth is their top concern for this year.
Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind non-financial services industries, according to a PWC report.
European pension funds have increased their allocation to mutual funds from 19% in 2008 to 31% in 2014, according to a research report by PwC which was commissioned by the Association of the Luxembourg Fund Industry (Alfi).
Global ETF assets will double until 2020, according to a study by PwC. But where growth is expected to come from varies greatly between the US and Europe.
Global assets under management will rise to more than $100trn by 2020, from $63.9trn in 2012, according to a report published by consultancy PwC