ESG Investing: Green Fatigue & Reality Check

ESG Investings Waning Popularity: A Shift Towards Profit-Driven Investments The ESG investing scene, once a hot trend, is now experiencing a significant decline. Younger investors, who initially embraced it, are now showing signs of green fatigue, leading to a substantial drop in trading volume for these funds. The initial enthusiasm for ESG investments, fueled by the pandemic and low interest rates, has waned as investors now favor big US tech companies, crypto, uranium, and defense stocks. The ESG movement has also been caught in a culture war, with critics labeling it woke capitalism, further dampening its appeal. Despite the downturn, ESG funds in Australia and New Zealand are still attracting investors, suggesting that the initial hype may have been premature. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/da3a5b315dfeec8e