Investors have been shifting focus to address broad market trends, such as sustainability/environmental, social and governance (ESG), plan governance and fees, which have become even more important amid the challenges presented by Covid-19, Mercer’s Asset Allocation Insights 2021: Pension Allocation Trends in Africa report showed.
The report also showed growing interest in sustainable investing across the regions, in some cases accelerated by the Covid-19 pandemic, as stakeholders sought to address economic recovery and sustainability objectives.
According to the report by the professional services firm, in the areas of risk, strategy and people, sustainability and responsible investing, in particular, had resonated broadly.
Investors and governments across the entire footprint of the survey were said to be increasingly making this a priority, although individual markets were at different levels in this journey.…