Sustainable Investing Monitor-January 1, 2024
The Bottom Line: Long-term fund assets gained due to market appreciation, new fund formations decelerated, sustainable bonds and the performance of selected ESG indices lagged. Sources: Morningstar Direct, Bloomberg, MSCI, Bank of America and Sustainable Research and Analysis.
Chart of the Week – January 15, 2024
The Bottom Line: Blended portfolios of growth and value stocks across market capitalizations offer investors the benefits of diversification and higher returns with lower risks. Average performance of actively managed sustainable US equity mutual funds and ETFs: 2023 Notes of Explanation: Average returns for calendar year 2023 cover all actively managed sustainable funds within their […]
Franklin Resources completes acquisition of Putnam Investments
The Bottom Line: Investors in Putnam’s 17 sustainable funds are guided to stay the course but monitor post transaction developments before making any investment changes. Top ten managers of sustainable funds and their assets under management at the start 2024 Notes of Explanation: # of funds refers to funds and share classes. Data as of […]
Largest sustainable investment funds going into 2024
The Bottom Line: A number of the largest ten sustainable investment funds can each serve as a sustainable investment portfolio’s anchor equity or bond position. Largest sustainable mutual funds and ETFs as of November 30, 2023, with trailing 12-month performance resultsNotes of Explanation: Total net assets combine all share classes. For mutual funds, trailing 12-month […]
Sustainable Investing Monitor-December 2023
The Bottom Line: Fund assets added $22 billion in November from market appreciation, relative ESG performance was mixed and fund launches continued to trend lower. Sources: Morningstar Direct, Bloomberg, MSCI and Sustainable Research and Analysis.
COP 28 could stimulate performance of clean energy funds
The Bottom Line: Fast tracking the energy transition at COP 28 could stimulate the performance of clean and renewable energy funds, overcoming recent poor performance. COP 28 expected to focus on setting more ambitious emissions reduction targets for this decade and beyond The 28th Conference of the Parties to the United Nations Framework Convention on […]
Have renewable energy funds reached bottom?
The Bottom Line: Beaten down prices of clean energy stocks and related securities may be approaching a buying opportunity for intermediate and long-term fund investors. Stocks and bonds continued to register declines in October Stocks fell for the third consecutive month in October, with large cap stocks giving up 2.1%, and lowering year-to-date and trailing […]
Sustainable Investing Monitor-November 2023
The Bottom Line: Sustainable fund assets declined by $9.3 billion in October, relative ESG performance was positive, but fund launches and sustainable bond issuances lagged. Sources: Morningstar Direct, Bloomberg, MSCI and Sustainable Research and Analysis.