01.10.24
Launches of ESG Funds Plummet as Investors Pull Back
by: Will Schmitt
Launches of funds claiming environmental, social or governance (ESG) attributes slowed significantly in the past six months, data from Morningstar Direct show. Six funds citing ESG factors launched in the second half of 2023, compared with 55 in the first half, and an annual average of almost 100 between 2020 and 2022. ESG labels have also been removed from some fund names.
Read the full article on Financial Times