ESG funds outperform wider market during corona crisis
Ethical investment funds have fared better than the general stock indexes during the recent market turmoil. Sectors favored by ESG managers like tech, telemedicine and distance learning are trending whereas oil and energy sectors are dragging down the general indexes.
More than half of ethical investment funds have outperformed the wider global stock index in the recent market downturn by avoiding exposure to oil and energy, as these sectors have played a major part in dragging down passive funds, the Financial Times reports.
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