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British ESG selloff continues (2023)
| Environmental, social, and corporate governance |
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| • What is ESG? • Enacted ESG legislation • Arguments for and against ESG • Opposition to ESG • Federal ESG rules • ESG legislation tracker • Economy and Society: Ballotpedia's weekly ESG newsletter |
British investors continue to withdraw capital from ESG funds, following the lead of American investors who have also been net sellers of ESG investment products and breaking with investors in other European countries who have generally remained net buyers. September marked the fifth straight month of outflows by UK investors:
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UK investors pulled money from funds focused on environmental, social and governance issues for a fifth straight month in September, fund network Calastone said on Thursday. ESG investing has suffered a political backlash, particularly in the United States. UK investors took 485 million pounds ($589.4 million) from ESG equity funds, with around half of the redemptions coming from North American ESG funds, Calastone said in a statement.[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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