BAML note key drivers for equity ESG funds

BAML has highlighted three secular drivers that could lead to significant inflows into equity ESG funds by 2030.

US fund managers lag on climate issues

A new report from ShareAction claims US fund managers are lagging behind Europe in pushing for corporate action on climate change.

UBS Asset Management is planning to launch a new ESG money market fund.

Microsoft is the most popular stock among ESG funds in the US according to a Forbes report.

NN Investment Partners and Irish Life Investment Managers have launched three new sustainable index funds.

Geneva based Quaero Capital is launching the Cullen ESG US Value fund.

Assets invested in ESG ETFs and ETPs reached a record high in September.

Assets under management at the largest asset managers increased for ESG funds in 2018.

Aviva Investors has launched the Sustainable Income and Growth Fund in Singapore.

US water utilities share prices are benefiting from an inflow of ESG funds.