Is 2020 the year ESG came of age?
Flows into investment products with an environmental, social, or governance focus — also sometimes called sustainable investments — are topping earlier records, gathering over $15 billion in just the first six months of the year, according to research provider ETF Flows.
Investors have long expressed interest in ESG products, but rarely put their money where their mouths were, noted Dave Nadig, a longtime veteran of the exchange-traded fund industry now serving as ETF Flows’ chief investment officer and director of research. “The dam has broken. This is the year it came out of the backroom and became a reality.”