Investors are GIVING UP on ESG and getting their money OUT of ESG. In 2021, only 48% of investors said they were “not convinced by ESG claims from funds.” That number is now up to 63%. BlackRock Inc. and other money managers spent years rolling out sustainable funds, seeking to capitalize on surging interest in ESG investing. Now they’re abandoning an increasing number of those products in the US amid political backlash and investor scrutiny. State Street Corp., Columbia Threadneedle Investments, Janus Henderson Group Plc and Hartford Funds Management Group Inc., among others, unwound more than two dozen ESG funds this year, according to data from Morningstar Inc.

SUBSCRIBE TO ADAM POST SPEAKS:
https://www.youtube.com/c/AdamPostSpeaks

Follow ADAM POST on Twitter:
https://twitter.com/comicswelove

ADAM POST email:
adampostmediagroup@gmail.com

ADAM POST twitter:
@comicswelove

#ESG #woke