The underperformance of sustainable funds and backlash again...
The underperformance of sustainable funds and backlash against ESG strategies have triggered significant outflows. Unrealistic expectations of ESG as a performance booster and political debates around sustainable investing have fueled investor skepticism.
ESG Funds Set a Dismal Record. Yet Performance Was a Drag. -- Barrons.com
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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