The US is lagging behind, mind you: only 3% of the money in American funds is in ESG-focused funds, compared to 9% internationally. That huge influx has helped double the amount of money those ESG-focused funds have been holding in the last year, bringing the global total to around $1.6 trillion. Investors have been putting a lot of money into mutual funds focusing on environmental, social, and governance (ESG) factors – $314 billion worth, to be precise. But they’ve all been doing well: 43% of mutual funds focused on large stocks, for example, were up by more than the “benchmark” indexes they’re charged with outperforming – and they outstripped the long-term average of 33% too. The funds that did best began the year by betting on cheap-looking “value” stocks and smaller companies, and added more big, reliable companies – think Amazon and Apple – in the second quarter. And it turns out they performed well in the first two quarters of the year, according to Goldman Sachs’ analysis of almost 600 funds with $3 trillion of cash between them. pick and choose where to invest, rather than passively track a market.
Mutual funds collect money from lots of small investors, and most of them then “actively” invest that cash – i.e.
Fresh analysis out this week showed that mutual funds had a strong start to 2021, as pooled investments became the closest investors were getting to a vacation.
0 kommentar(er)
