Why ESG investing might never recover The appeal of the moniker is waning, probably because it is trying to serve too many interests at once By Jon Sindreu, The Wall Street Journal Monday, 25 March 2024 at 07:09 The ESG brand probably has its best days behind it. Following a three-year craze for investment products focused on environmental, social and corporate-governance concerns, the percentage of newly created funds in the US and Europe with ESG in their name has fallen from a peak of 8.3% to just 3.3%, according to an analysis of quarterly data by Morningstar Direct. Source link Post Views: 1 Post navigation Investing in TB Prevention, Screening, Treatment Will Save Lives, Money
The ESG brand probably has its best days behind it. Following a three-year craze for investment products focused on environmental, social and corporate-governance concerns, the percentage of newly created funds in the US and Europe with ESG in their name has fallen from a peak of 8.3% to just 3.3%, according to an analysis of quarterly data by Morningstar Direct.