Climate & Environment
Over the last year, investors have redeemed around $4bn in cash from a number of actively managed climate funds
A long-held truism of ESG is being challenged, namely the idea that the strategy is best-suited to active fund management.
For 11 of the past 12 quarters, clients have redeemed cash from actively managed funds registered as “promoting” environmental, social and governance goals, otherwise known as Article 8 under European Union regulations. The data, provided by Morningstar, indicates a recalibration is underway in financial markets away from a form of investing that was supposed to …
