CNBC: “Sustainable investing is set to surge in the wake of the coronavirus pandemic”By admin_45 in IN THE NEWS
Excerpt from CNBC quoting DataTrek's Nick Colas:
.... "About 80% of the money has gone into index funds, which means retail investors are likely behind the surge. "While exchange-traded funds are only part of the investment landscape, they are the primary destination for new retail investor flows, so seeing ESG-related funds take in so much capital in 2020 shows this theme is now catching a very large tailwind," noted Nicholas Colas, DataTrek Research co-founder"....
Read the full article here on CNBC!