(Bloomberg) A long-held truism of ESG is being challenged, namely the idea that the strategy is best-suited to active fund management.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Biggest Cloud Sales Growth in Year on AI DemandFor 11 of the past 12 quarters, clients have redeemed cash
Actively Managed Funds Hemorrhage Client Cash in ESG Upheaval bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Despite slowing growth rates and skepticism among many U.S. investors, ESG assets worldwide have already surpassed $30 trillion and are on track to reach $40
As UN climate conference COP28 begins, 85% of investors & companies surveyed by Bloomberg Intelligence plan to boost ESG investment. Boosted by Inflation Reduction Act.
Investors and executives see ESG as key to future strategy funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.