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ESG funds defy havoc to ratchet huge inflows
ESG funds defy havoc to ratchet huge inflows
When markets went into freefall last spring, investors fled mutual funds apart from one sector: sustainable investing.
This area — where environmental, social and governance issues are factored into investment decisions — had long been viewed as niche, often the preserve of charitable foundations and religious orders.
But 2020 “was the year ESG came of age”, said Mirza Baig, global head of ESG research and stewardship at Aviva Investors, the UK fund house.
https://www.ft.com/content/8e9f8204-83bf-4217-bc9e-d89396279c5b
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