From the Bank of England Securities Lending Committee meeting minutes, 11 June 2020
The Chair provided a brief update on recent ESG developments in the context of COVID-19 disruption.
Overall, members did not observe any significant changes in ESG-related client behaviour over the period but noted greater levels of dialogue with clients, as expected. One member noted that ESG funds had performed relatively well during the crisis; with fewer redemptions and slightly better returns than non-ESG peers.
The full minutes are available at https://www.bankofengland.co.uk/-/media/boe/files/minutes/2020/securities-lending-committee-june-2020.pdf