Sustainability-themed funds on the rise
Newer ESG funds are coming to the market, and a greater share are sustainable funds, according to Cerulli.
The list of U.S. mutual funds and ETFs with an ESG focus grew by 23% over a year as of the second quarter, reaching 813 products.
That trend is coupled with a greater market share for passively managed funds which, as of the end of June, accounted for 23%, up from 20% a year prior, according to a
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