February 2, 2017
By: James Langton
Responsible investments’ (RI) assets under management (AUM) in Canada continue to enjoy strong growth driven by a combination of the sector’s evolution and demographic factors, according to the 2016 Canadian Responsible Investment Trends Report from the Responsible Investment Association (RIA).
The RIA report points out that there was $1.5 trillion in AUM incorporating environmental, social and corporate governance (ESG) factors in Canada as of Dec. 31, 2015. This represents a 49% increase from $1 trillion two years earlier, while individual investors’ AUM has almost doubled (up by 91%) over that same period, to $118 billion from $62 billion. As a result of this strong growth, RI AUM represents 38% of total Canadian investment industry AUM, up from 31% as of Dec. 31, 2013.
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