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- Barrons.com
BlackRock Memo Reveals Wealth-Management Shuffle Amid ESG Backlash in Texas
The asset manager is seeking to expand ties with rich investors and calm a backlash over energy investment strategy, among other areas.
- Reuters
Record $8.8 billion pulled from US sustainable funds in Q1
European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. European consumers, and politicians, have supported greener products and climate-minded regulations.
- Reuters
Record $8.8 bln pulled from US sustainable funds in Q1
European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. European consumers, and politicians, have supported greener products and climate-minded regulations.
