A new survey by IIMI, the boutique asset management think tank, reveals that 61 per cent of its members believe the FCA’s guiding principles on the design, delivery, and disclosure of ESG and sustainable funds to be a positive development for the industry. 

Meanwhile, 69 per cent support its proposals to require fund managers to provide disclosures based on the Financial Stability Board’s recommendations in the Task Force on Climate-related Financial Disclosures (TCFD). 

The full results of the survey, which was conducted among IIMI’s membership to gather their views on the recent steps taken by the FCA around ESG, are included in IIMI’s paper “New UK ESG Regime: Backed by IIMI Members”.