Winnipeg Free Press
ESG rules!
After years of riding in the backseat, environmental, social and governance concerns have become the key drivers for many investors By: Joel Schlesinger
Opinion
Responsible investing is having a moment.
Or rather the investment style putting environmental, social and governance (ESG) at the top of the list when analyzing stocks, or just about any other investment, is on the cusp of a golden er, green age.
Leading the way is growing interest in environmentally friendly investing, particularly in the theme of clean energy.
Investors through 2020 piled into, for example, funds involved in wind and solar.
The Globe and Mail Contributed to The Globe and Mail Published February 16, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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The Canadian ETF industry reached $260 billion in assets under management at the end of January. The Canadian ETF product line-up continues to expand. New solutions consist mostly of thematic ETFs to cater to changing investor needs.
In the ESG space, Harvest ETF and BMO both launched a clean energy ETF. The Harvest Clean Energy ETF (
Staff
BMO Asset Management Inc. has launched a bevy of new ETFs, including a suite of innovation ETFs and products focused on clean energy, fixed income and covered call options.
The five innovation ETFs cover autonomous technology, fintech, genomics and cloud computing, among other themes.
“These mega trends are top-down views that have proven to be the powerful market drivers that change the way we live, behave and interact with the world,” said Kevin Gopaul, president, ETFs, with BMO Global Asset Management, in a release.
The BMO Clean Energy Index ETF, which invests in clean energy companies around the world, brings the S&P Global Clean Energy Index to Canada, Gopaul said.
IE Staff
BMO Asset Management Inc. has launched a bevy of new ETFs, including a suite of innovation ETFs and products focused on clean energy, fixed income and covered call options.
The five innovation ETFs cover autonomous technology, fintech, genomics and cloud computing, among other themes.
“These mega trends are top-down views that have proven to be the powerful market drivers that change the way we live, behave and interact with the world,” said Kevin Gopaul, president, ETFs, with BMO Global Asset Management, in a release.
The BMO Clean Energy Index ETF, which invests in clean energy companies around the world, brings the S&P Global Clean Energy Index to Canada, Gopaul said.