| Autor: |
Shifflett, Shane (AUTHOR) |
| Předmět: |
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| Zdroj: |
Wall Street Journal (Online). 11/20/2023, pN.PAG-N.PAG. 1p. |
| Abstrakt: |
Wall Street's enthusiasm for sustainable investing is waning as investors have withdrawn over $14 billion from sustainable funds this year. The shift is due to disappointing returns, increased regulatory oversight, higher interest rates impacting clean-energy stocks, and political backlash against environmental, social, and corporate-governance investing. Many funds are closing or removing ESG criteria from their investment practices. However, new ESG funds continue to emerge, indicating a long-term belief in their value. The Securities and Exchange Commission is also increasing oversight and cracking down on misleading naming conventions in the space. [Extracted from the article] |
| Databáze: |
Regional Business News |
| Externí odkaz: |
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