ESG Funds Hit Turbulence as Market Gets Cold Green Feet
Key Points
- Investors pulled $8.6 billion from ESG funds amid growing sk...
Turns out saving the planet isn't as trendy as it used to be - at least not for investors who just yanked a whopping $8.6 billion from ESG funds faster than you can say "carbon footprint."
Green Dreams Meet Reality Check
Europe, the cool kid of sustainable investing with its impressive $3.2 trillion ESG asset stash (that's 84% of the global pie), is watching its green empire show signs of wobbling. The market's latest mood swing has everyone scratching their heads, especially with President Trump back in the White House throwing shade at climate policies. U.S. asset managers are now tip-t...
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