“These trends are a significant signal to asset management firms that they will need to enhance their investment standards in an industry that will soon have to meet the expectations of more socially and environmentally responsible millennials," says Guillaume Mascotto (pictured), vice president, head of ESG and investment stewardship at the global asset manager. Millennials in the US and the UK are increasingly influenced by the concept of impact investing . A survey by American Century Investments found that just under 60 % of respondents either strongly or moderately support the concept , with millennials showing the highest levels of support across all age groups in both countries ( 80 % in the US and 80 % in the UK , respectively ) . Climate change and health care were cited as two of the main issues driving the demographic shift , with young people increasingly concerned by universal issues that could have repercussions on their own futures .
Millennials in the US and the UK are increasingly influenced by the concept of impact investing . A survey by American Century Investments found that just under 60 % of respondents either strongly or moderately support the concept , with millennials showing the highest levels of support across all age groups in both countries ( 80 % in the US and 80 % in the UK , respectively ) . Climate change and health care were cited as two of the main issues driving the demographic shift , with young people increasingly concerned by universal issues that could have repercussions on their own futures .