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ESG funds outperforming peers during coronavirus pandemic: BNP Paribas

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Investors have been “doubling down” on sustainability over the last quarter — and sustainable funds have actually outperformed the broader market, according to an analyst at BNP Paribas Asset Management.

That’s a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia Pacific at the French bank.  

The first quarter of 2020 saw financial markets and economies in a tailspin as the coronavirus outbreak spread globally. Many countries, including the world’s major economies, entered lockdowns and implemented restrictive measures that halted economic activity. 

Compared…



Source cnbc.com

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