Data Firm Finds Greenwashing On The Rise
A new report out Tuesday showed that the number of cases of greenwashing by banks and financial services companies across the globe increased 70% over the past year compared to…
New Anti-ESG Fund Raises Over $100 Million
The rise of the Environmental, Social, and Governance investment strategy was based on the idea that companies which adhered to the ethos of the Environmental movements, Social Justice movements, and…
ESG Funds Invest In Oil Supermajors
ESG Funds, investing platforms which are supposed to only invest in companies which work to benefit Environmental, Social, and Governance factors, have grown in popularity on Wall Street. The establishment’s…
Cathy Wood To Close ARK Transparency ETF
Cathie Wood’s Ark Invest is closing one of her 9 exchange-traded funds. In a statement Tuesday, it said it would close its Transparency ETF (CTRU) at the end of July,…
ESG Funds Have Biggest Monthly Outflows On Record
Exchange-traded funds with higher environmental, social, and governance (ESG) standards are suddenly seeing massive cash outflows, as investors flee the socially conscious equity funds. In May, after three years of…
