DWS Investments, the mutual fund arm of Deutsche Asset Management, has launched an index to gauge investor sentiment on climate change investments.
The first survey of 300 personal investors in April repor-ted a score of 40.2 out of 100 for their propensity to invest in a specialist climate change investment fund over the next year either by switching or investing new money.
Of those not considering climate change investments, 46 per cent cited lack of awareness of the investment type as the reason. Some 26 per cent of investors claim they are unconvinced by the climate change story.
Twenty-four per cent believe climate change fund performance will be higher to tradit-ional equity growth funds in the next five to 10 years.
Seventeen per cent think they will underperform, 16 per cent think they will be equal and 43 per cent do not know.
DWS marketing consultant Martin Fox says: “Climate change is happening. The only arguments are how fast and whose fault. You will get huge opportunities for companies that provide solutions for investors.”
Hargreaves Lansdown investment manager Ben Yearsley says: “I do not see any reason why they should outperform. A lot of it is still unproven in terms of technology.”