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ESG Fund Managers in US Experience Worst Quarterly Outflows Amid Backlash Against Sustainable Investing /
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2024-04-26 02:01:31

ESG Fund Managers in US Experience Worst Quarterly Outflows Amid Backlash Against Sustainable Investing on Nostr: ESG Fund Managers in US Experience Worst Quarterly Outflows Amid Backlash Against ...

ESG Fund Managers in US Experience Worst Quarterly Outflows Amid Backlash Against Sustainable Investing
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#722a3d81 ver:0.11

ESG fund managers in the US saw the worst quarterly outflows in Q1 2024, with $8.8 billion withdrawn, reflecting a backlash against sustainable investing. In contrast, Europe saw $11 billion inflows into ESG funds. Poor performance of core ESG industries and criticism from high-profile Republicans contributed to the outflows. Global inflows into sustainable funds were only $900 million, with Japan experiencing $1.7 billion outflows. The future of ESG investment strategies depends on election outcomes and green policies. #ESG #sustainableinvesting #outflows...

#newstr #EsgFundManagers #SustainableInvesting #Outflows #Inflows #Backlash

https://here.news/story/722a3d81?ver=0.11
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