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Trillions of dollars poured into ESG funds last year, but many analysts are expecting this year to pick up right where 2020 left off. Forbes stated, “ ESG Investing Came of Age in 2020. Millennials Will Continue to Drive it in 2021 .” And according to Morgan Stanley Capital International’s head of research, we’re likely to see investors shifting more and more capital into ESG this year… Because despite worldwide lockdowns, climate change continues to be a major concern that everyone from Big Tech to Big Oil are now taking seriously. That’s why smart money is piling in, to the tune of trillions of dollars. BlackRock, the largest asset manager in the world, plans to have $1.2 trillion in ESG assets within the next 10 years. And it’s estimated that 1/3 of all assets under management in the U.S. are already sustainably invested … That’s $17.1 trillion invested in the companies taking steps to put people and planet first. But that doesn’t mean they’re sacrificing profits in the process. The ESG boom has produced some of the biggest gains in the market during an incredibly difficult year. Enphase Energy jumped 472% in 2020… Digital Turbine soared 682%… And Tesla […]
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