How to Understand the Correction in the ESG Fund Market

For years, financial professionals made exaggerated ESG claims that fed a market boom with little in the way of oversight. That era of exuberance around environmental, social and governance investing is now coming to an end with increasingly consequential waves of regulations. In the US, where ESG has also become embroiled in partisan politics, the fallout is evident in the shrinking pool of assets carrying an ESG label: down by more than half over the past two years. In Europe, new regulations

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