In response to more requests for ESG investing, the wealth manager, which manages around £13.7 billion for clients, has also created a Suitability Discussion Guide so that advisors can identify strategies that match clients’ responsible investment preferences more easily.

Following his promotion, Palmer will develop and lead Brooks Macdonald’s responsible investment commitments, the group said. He joined the firm as part of its graduate programme in 2011 and will continue his involvement with the responsible investment research team.

“We've already recognised that the pandemic has not diverted investors from responsible investing – if anything, it’s accelerated our ‘social’ awareness,” Palmer said, adding that the evidence points to growth. “We see businesses and organisations increasing their emphasis on sustainability and resilience, and responsible investment is very much tied to this economic trend, along with continuing government-led environmental policies."