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October 11, 2023
IT turns out the market for environmental-related investment funds is really small in the US, relative to Europe and even China. Roughly $32 billion was allocated to US climate funds as recently as the end of June, compared with about $447 billion in Europe and $44 billion in China, according to data compiled by Morningstar
October 5, 2023
(Bloomberg) -- BlackRock Inc. is tapping the private credit market to launch a new fund that will offer one of the fastest growing ESG investment strategies in the US. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysKey Taiwan Tech Firms Helping Huawei With China Chip PlantsApple Considered, Rejected Switch to DuckDuckGo From GoogleThe Climate
October 5, 2023
Even as big players like BlackRock close ESG funds that have failed to gain assets, they continue filing for new ones.