Bloomberg on the popularity of ESG funds in 2020

Issuers have realized the benefits of ESG branding. At least eight funds have relaunched this year to switch to the strategy, versus a maximum of two in previous years, according to data compiled by Bloomberg Intelligence. 

There have been 17 ESG ETFs launched so far in 2020, compared with 10 in all of 2019. And the inflows keep coming. ESG funds have already taken in almost $4.1 billion in October, on track for their best month since at least 2013.

~ Bloomberg, "Record Flows Pour Into ESG Funds as Their ‘Wokeness’ Is Debated," by Casey Wagner and Claire Ballentine, October 25, 2020