According to the US SIF, total US-domiciled assets under management (AUM) using sustainable investing strategies grew from $12 trillion at the start of 2018 to $17.1 trillion at the start of 2020, an increase of 42 percent (SustainFi).
ESG funds have grown steadily since the term was first coined in 2005. With each passing year more and more assets flow into ESG funds.
ESG funds, once thought to be a “passing fad,” continue to grow rapidly capturing more than half the new net money from investors in 2020.
The Department of Labor (DOL) proposed a new rule that would restrict using ESG funds in retirement plans.
We’re in the midst of a global pandemic and economies across the world have felt the economic strain since early this year.
From January through April of this year, $12.2 billion flowed into ESG funds – which was more than double the amount that flowed in during that same time period in 2019.
Experts anticipate that Responsible Investing will dominate the investment space in the new decade and that Asia is poised to be the frontrunner.
As You Sow, an online tool created to as a “report card” for funds, expands the issues it ranks.