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
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Two cryptocurrency firms seek OCC approval to charter trust banks
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.