In 2021, the impact of environmental, social and governance (ESG) issues became of much greater importance for investors. Inflows into ESG funds continued to increase last year, with inflows for the first three quarters surpassing those recorded for all of 2020, which amounted to $51.1 billion. By the end of 2021, inflows to ESG funds had doubled from where they were in 2020. However, this may not be a good thing because studies show that many funds that label themselves as “ESG” aren’t living up to their claims, either because of their own activities or because the companies they invest…
Why Investors With ESG In Mind Might Want To Rethink Investing In ESG Funds
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.