ESG
The ESG Phenomenon – ESG-Themed Exchange-Traded Funds, Products Boom

Developments in and around the ESG investment space.
ETFGI
Assets held in exchange-traded funds and products that track ESG
investment process reached a record $371 billion at the end of
November, taking $16.63 billion of inflows during the month,
figures show. The total figure rose by 2.3 per cent from a year
earlier.
Since the start of this year, inflows have totalled $146.84
billion, far above the $68.59 billion for the same period a year
ago, ETFGI, a firm
monitoring development in the space, said in a statement late
last week.
The asset increase has been strong – rising 84.3 per cent so far
this year, going from $201 billion at the end of 2020, to $371
billion.
The ETF and product business has surged in recent years due to
interest in market-tracking, low-cost investment entities in
contrast to traditional, and actively managed funds that
typically charge a higher fee. To some extent, the bull market in
equities over the past 12 years has fuelled the market’s
expansion.
(This news service has a new programme, its Wealth For Good
Awards, designed to highlight the work wealth managers are doing
to drive change around the environment, society and governance.
To find out more about the awards,
click on this link. Submissions close on 4 February. Winners,
finalists and commended entries will be celebrated in May this
year.)