BlackRock US ESG flows fall on tech rout, anti-green backlash

Cash flows into US sustainable funds plummeted last year as the broader market took a beating and anti-ESG crusaders targeted money managers including BlackRock Inc. for “woke capitalism.” 
Photo: Lucas Jackson/Reuters/Ritzau Scanpix
Photo: Lucas Jackson/Reuters/Ritzau Scanpix
By Silla Brush / Bloomberg

ESG exchange-traded funds in the US aren’t faring any better in 2023.

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