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Non-Tech : Kirk's Market Thoughts
COHR 191.04-2.5%Jan 16 9:30 AM EST

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To: Winfastorlose who wrote (8195)2/12/2020 1:25:43 PM
From: Kirk ©  Read Replies (1) of 27067
 
Climate action pays off

BlackRock's (NYSE: BLK) new exchange-traded fund, the iShares ESG MSCI EM Leaders ETF (LDEM), has already attracted more than $600M this week despite only starting trading on Friday. That's the best debut for any U.S. ETF this year as investing in companies that care about environmental, social and governance (BATS: ESG) picks up after years of sluggish growth. Although only a small part in the $4.5T U.S. ETF market, sustainable funds added more than $8B in 2019 and assets recently topped $20B, according to Bloomberg.
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