In 2023, a significant portion of respondents in Europe were concerned about the mis-selling of Environmental, Social, and Governance (ESG) funds - meaning these funds could be marketed or sold as meeting ESG criteria when they actually don't. The share of respondents in the 55+ age group were the most concerned, at around 67 percent.
Extent of investor concern around Environmental, Social, and Governance (ESG) fund mis-selling in Europe in 2023, by age range
The survey respondents were asked the following question- "To what extent (if at all) would you say you are concerned about the potential for mis-selling ESG funds?"
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AXA Investment Managers. (May 9, 2024). Extent of investor concern around Environmental, Social, and Governance (ESG) fund mis-selling in Europe in 2023, by age range [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1489459/concern-for-esg-fund-misselling-europe-by-age/
AXA Investment Managers. "Extent of investor concern around Environmental, Social, and Governance (ESG) fund mis-selling in Europe in 2023, by age range." Chart. May 9, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1489459/concern-for-esg-fund-misselling-europe-by-age/
AXA Investment Managers. (2024). Extent of investor concern around Environmental, Social, and Governance (ESG) fund mis-selling in Europe in 2023, by age range. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1489459/concern-for-esg-fund-misselling-europe-by-age/
AXA Investment Managers. "Extent of Investor Concern around Environmental, Social, and Governance (Esg) Fund Mis-selling in Europe in 2023, by Age Range." Statista, Statista Inc., 9 May 2024, https://www.statista.com/statistics/1489459/concern-for-esg-fund-misselling-europe-by-age/
AXA Investment Managers, Extent of investor concern around Environmental, Social, and Governance (ESG) fund mis-selling in Europe in 2023, by age range Statista, https://www.statista.com/statistics/1489459/concern-for-esg-fund-misselling-europe-by-age/ (last visited November 19, 2024)
Extent of investor concern around Environmental, Social, and Governance (ESG) fund mis-selling in Europe in 2023, by age range [Graph], AXA Investment Managers, May 9, 2024. [Online]. Available: https://www.statista.com/statistics/1489459/concern-for-esg-fund-misselling-europe-by-age/