Socially responsible investing, which has become a feature of the financial landscape and a $30 trillion-plus industry, came of age long after the last major financial crisis. ESG will be put to the test during the tenous market where performance will be the determining indicator of success.
A Bloomberg Intelligence analysis of ESG exchange-traded funds during the last week of February found that only 8% of U.S. ESG ETFs saw outflows, against almost a quarter of all ETFs. European-listed ESG ETFs saw inflows.