December commentary: Green bond funds
The Bottom Line: December redemptions still place green bond funds at new 2021 high of almost $1.5 billion while absolute total return performance results disappoint. Summary Withdrawals by institutional investors led to a net $9.4 million decline in the assets of green bond funds in December, bringing year-end total net assets to $1,480.8 million. While… Continue reading about December commentary: Green bond funds
November commentary: Green bond funds
The Bottom Line: Green bond funds added $60.7 million in November while green bond issuance flagged as COP 26 concluded and Y-T-D volume reached record. Summary Green bond funds added $60.7 million in November, recovering from sluggish gains over the last two months, and ending the last month of the year at almost $1.5 billion… Continue reading about November commentary: Green bond funds
FSOC report addresses financial risks due to climate change
The bottom line: FSOC report acknowledges threat of climate change to financial stability and promulgates recommendations that should be beneficial to asset owners and investors. FSOC report issued last week, which recognizes the emerging threat of climate change, sets out specific recommendations on risk measurement, quantification and disclosures On October 21st the Financial Stability Oversight… Continue reading about FSOC report addresses financial risks due to climate change
September commentary: Green bond funds
The Bottom Line: Green investment funds gained only $7.5 million while green bonds scored big by adding $72.3 billion and pushing volume to $349.5 billion. Summary Assets of seven green funds, including five mutual funds and two ETFs, gained a modest $7.5 million, or 1%, in September, to end the month at $1.43 billion in… Continue reading about September commentary: Green bond funds
24 sustainable funds launched in September
The Bottom Line: Sustainable investing practices of new fund launches are increasingly broader and more varied while outcomes are likely more difficult to tease out. 24 sustainable funds, including mutual funds and ETFs launched in September 24 new sustainable investment funds, mutual funds and ETFs, including one ETN, were launched in September¹, adding $718.4 million… Continue reading about 24 sustainable funds launched in September
Seven new sustainable funds added in August
Bottom Line: Investors gained five thematic funds with a key focus on the environment and decarbonization, but other more seasoned lower cost options are available. Summary and observations Seven new sustainable investment funds¹, including five actively managed ETFs and two mutual funds were launched in August and at least 29 new sustainable ETFs as well… Continue reading about Seven new sustainable funds added in August
August commentary: Green bond funds
The Bottom Line: Green investment funds continue to gain assets and also potentially two new green bond ETF entrants that will add to investor choices. Summary Green bond mutual funds and ETFs gained $53.2 million in net assets to end the month of August at $1,418.8 million–the highest level for this themed fund segment since… Continue reading about August commentary: Green bond funds
DWS Group being investigated for its sustainable investing management practices
The Bottom Line: DWS is under investigation by various regulatory bodies regarding its ESG investing practices but investors in various ESG funds should exercise restraint. DWS Group is under investigation by the Securities and Exchange Commission (SEC), federal prosecutors and BaFin regarding its ESG investing practices but investors in various ESG funds should exercise restraint… Continue reading about DWS Group being investigated for its sustainable investing management practices