Wednesday
January 22
2025

Record US $20 Billion Pulled From ESG Funds in US After Republican Party Attacks

US FUND managers trying to sell ESG strategies just had their worst year ever.

According to fresh data provided by Morningstar, US sustainable funds suffered almost US$20 billion of net redemptions in 2024, up from roughly US$13 billion in 2023. Funds had seen inflows in previous years, the market researcher’s data showed.

Photo courtesy of name_ gravity.

Source: The Business Times (link opens in a new window)

Categories
Environment, Investing
Tags
climate finance, data, decarbonization, ESG