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Suggesting that some ESG merchandise may have didn't live up for their guarantee, Jamie Franco, global head of sustainable investments at asset supervisor TCW, explained some money released in 2020-21 “possibly went out a bit also promptly [and] most likely took advantage of some ESG promoting sentiment”.
“US ESG flows are detrimental, and it is probably a testimony to what is happening during the context on the US with an incredibly polarised and politicised discussion all over it that has frozen the behaviour on that entrance,” said Elodie Laugel, chief dependable financial commitment officer at Amundi, which is the second-largest sustainable fund manager globally following BlackRock.
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