Friday, October 27, 2023

As Investors Lose Interest, Sustainability Funds Don’t Appear to be….Sustainable

As Investors Lose Interest, Sustainability Funds Don’t Appear to be….Sustainable - Leslie Eastman
"I recently reported that investors are fleeing renewable energy funds due to rising costs and escalating rates.
Now, it looks like “Sustainability Funds” are not sustainable...
Investors pulled $2.7 billion from U.S. sustainable funds in 2023′s third quarter, for a total of $14.2 billion over the past year...

This trend is a dramatic shift from the golden days of 2021...

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