Following a strong November, active funds were on pace to have their best year versus their benchmarks since 2017, with 45% outperforming, according to Bank of America.
ESG investing is not just for the 'woke.' We all have values that drive our decisions in life, influencing everything from the food we eat to the relationships we establish.
The SEC said the Goldman Sachs Asset Management unit “had several policies and procedures failures involving the ESG research its investment teams used to select and monitor securities.”
So far in 2022, more than $446 billion has been withdrawn from US fixed-income mutual funds, a record exodus. About $154 billion has poured into bond ETFs instead.