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Green Funds Go From Red to Black
['Emile Hallez']
The Daily Upside
Still, it’s worth noting that not only has the overall bleeding from sustainable funds staunched, but it may be starting to reverse.
“This is a next-generation story as much as it is anything else,” said Peter Krull, director of sustainable investing at Earth Equity Advisors.
It’s also part of a trend toward passive management in sustainable investing.
Values: More than 90% of investors globally said they were interested in sustainable investing, according to a Morgan Stanley survey earlier this year.
Overwhelmingly, the top reasons are at least in part due to the potential for investment returns, with just 13% saying they would choose sustainable funds to align with their personal values.