Nearly two thirds of hedge funds have seen an increase in ESG interest over the past 12 months, according to the latest annual industry survey from the Alternative Investment Management Association (AIMA).
The survey, which AIMA conducts each year to gauge industry developments, concluded that responsible investment had emerged as a major theme for the 118 hedge fund managers that participated. The respondents represent $440bn of assets under management.
When asked: “Over the past year, have you seen an increase in interest around your firm’s responsible investment capabilities from current or prospective investors?”, 62% of respondents said yes.
“This is representative of the strong sentiment we see across the broader hedge fund industry, where ESG and responsible investment is fast becoming one of its most significant considerations”, said the report’s authors.
It added that hedge funds faced with questions on responsible inves…