News & Insights: 23/12/2022
Opimas reveals that 100 of the largest ESG funds posted negative returns - with only one exception, and Schroders European Real Estate Investment Trust refinances EUR 14 million loan
In today’s newsletter, all but one of the 100 largest ESG funds by asset size - comprising equity and fixed-income mutual funds and exchange-traded funds - posted negative returns for the year ended Oct. 31; however, on average, these funds still outperformed their benchmarks by 1.1 percentage points.
