ESG ‘transition’ funds are an emerging trend. Here are the most overweight stocks by ESG funds
Monica L. Correa • October 28, 2024
"BofA Securities analysts named the stocks with the highest ESG funds’ weight relative to the S&P 500 (SP500)."
"Funds with the word “transition” in their name – including 134 E.U. funds – have attracted almost two times the inflows over the last two years, compared to funds with “green” in their names, according to a recent ESMA (the European Securities and Markets Authority) Trends, Risks, and Vulnerabilities report."