Todd Cort, a professor within the Yale School of Administration who specialises in sustainable investing, stated that although the ESG label may well progressively drop outside of use, underlying social and environmental worries would keep on being.
The largest US sustainable fund, Parnassus Core Fairness, that has $28.4bn of assets, “has actually been one of several ten largest losers concerning flows for two decades straight”, Morningstar claimed within a report in Might.
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