Investors Abandon 'Underperforming' ESG Fund, AUM Collapses 91% Overnight
Dec 30th 2021 5:45am EST
Investors Abandon ‘Underperforming’ ESG Fund, AUM Collapses 91% Overnight It appears returns matter after all… What was once the second-biggest exchange-traded fund investing in sustainable emerging-market companies is now a nothing-burger of abandon hopes and dreams and signaled virtue. In just two days, the iShares ESG MSCI EM Leaders ETF (LDEM) lost 91% of its total assets, crashing to […]
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