On April 24, 2019 The Wall Street Journal reported that “ETF issuers are jumping on the ESG bandwagon.”
Since many of them are new, “many haven’t had a chance to prove they can perform strongly over time.”
According to the article, “(g)lobally, there are now around 182 ETFs that incorporate environmental, social and governance factors into their investment strategies, with roughly $20.7 billion in assets under management, according to the most recent data from FactSet. Fifty-nine of these so-called ESG funds, or about a third, were launched in 2018 or 2019, according to the data.”
Subscribers may read the article on The Wall Street Journal internet site.