Here is some good economic news despite the bad economic news today. ESG funds are imploding in the US, suffering nearly $9 billion in outflows in the first three months of 2024 alone – marking the worst quarterly outflows from ESG funds ever recorded. ESG pushes the leftist ideology over capitalism
(Bloomberg) Now isn’t the time to be betting on a boom in the market for carbon credits, according to the head of climate research at commodities hedge fund firm Andurand Capital Management.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeTrump Has Only $6.8 M
Hedge Fund Manager Andurand Isn't Buying Into Speculation of a Carbon-Credit Boom 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.
Climate Group in Tumult Over New Guidelines for Carbon Market 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.
Lombard Odier Hired by UK's Nest to Build $6.3 Billion ESG Fund 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.