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The Great Reset: Wall Street Undergoing A $120 Trillion Transformation

Share this article Share this article LONDON, Dec. 21, 2020 /PRNewswire/ Big money is turning its back on companies that aren t conforming to one simple idea. Sustainability. And it s fueling one of the biggest transfers of capital the world has ever seen.  Mentioned in today s commentary includes:  Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), Enphase Energy, Inc. (NASDAQ: ENPH), NextEra Energy, Inc. (NYSE: NEE), NIO Limited (NYSE: NIO). In fact, within a year, 77% of institutional investors will stop buying into companies that aren t, in some way, sustainable. And the new King of Wall Street is leading the charge. BlackRock, with over $7 trillion in assets under management, says its clients will double their ESG investments in just five years. Money managers on the Street are saying climate change is their top concern, and a leading criteria when determining where they put their money to work.

The Great Reset: BlackRock Is Fueling A $120 Trillion Transformation On Wall St

Sustainability. And it’s fueling one of the biggest transfers of capital the world has ever seen. In fact, within a year, 77% of institutional investors will stop buying into companies that aren’t, in some way, sustainable. And the new King of Wall Street is leading the charge. BlackRock, with over $7 trillion in assets under management, says its clients will double their ESG investments in just five years… Money managers on the Street are saying climate change is their top concern… And a ‘leading criteria’ when determining where they put their money to work. Sustainable assets already account for $17.1 trillion…

Blackrock and Fidelity Are Betting Big On This $130 Trillion Mega-Trend

Blackrock and Fidelity Are Betting Big On This $130 Trillion Mega-Trend
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