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ESG Funds Set a Dismal Record. Performance Was a Drag.

Por: MarketWatch Business January 20, 2024

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Steep outflows from one passive iShares ESG fund accounted for a substantial portion of the outflows, according to . Poor performance was the biggest drag. Sustainable equity funds generally lagged behind their conventional peers in 2023, though not by as large a margin as in 2022.  Alyssa Stankiewicz, associate director for sustainability research at Morningstar, said some investors mistakenly believed “ESG was a silver bullet to... + full article



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