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ESG funds face inflation; plus, Brazil s tipping point with Igarape s Robert Muggah

ESG funds face inflation; plus, Brazil’s tipping point with Igarape’s Robert Muggah © Provided by 24/7 Wall St. By David Callaway, Callaway Climate Insights Morningstar reports this week that more money flowed into stock exchange-traded funds in the first four months of this year than in all of 2020. Some $236 billion through April vs. $232 billion in all of last year’s pandemic rally. Popular Searches In that context, the market’s lurch downward this week looks a lot less imposing. For ETFs in environmental, social and governance (ESG), early fund flows have also been impressive, though not so much in performance.

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