PERSPECTIVES: “ESG” Funds Turning Out of Favor?

Environmental, social, and governance (ESG) investing refers to screening companies/funds to meet the standards of socially conscious investors. Once popular, the ESG movement appears to be falling out of favor, and it’s not because of lower returns. CNN Business/Before the Bell has details, including that nearly half of U.S. states have either barred or are seeking to bar investing public money in ESG-related funds. Implications are significant for public university endowments. Read the full story here.

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