This Sign Suggests ESG Is Good For Investment Returns, But Here’s Why It Doesn’t Actually Matter

January introduced significant turmoil to the markets, and against that backdrop, flows into ESG funds overseen by Hargreaves Lansdown declined for the first month since March 2020. The firm reports that flows into ESG funds plummeted 115% year over year in January. In January 2021, ESG fund flows were up 115%, while in January 2020, they saw an astonishing 3,082% increase. Q4 2021 hedge fund letters, conferences and more Why ESG Fund Flows Plunged Last Month In an email, Emma Wall of Hargreaves Lansdown said fears about an interest rate increase from the Federal Reserve cooled investors’ appetite for growth…