None of us know how long the current pandemic will take to run its course. However, sustainable funds were able to weather this storm better than their non-sustainable counterparts and are poised to emerge stronger than ever after the current crisis ends.
An article published by Morningstar on 3 April reported that in the first quarter, sustainable funds outperformed their conventional, non-sustainable counterparts, based on a comparison of the returns of 206 US sustainable equity open-end and exchange-traded funds versus those in their respective categories. Morningstar found that 70% of sustainable equity funds ranked in the top halves of their categories in Q1 2020, while 44% ranked in their category's top quartile. Only 11% finished in the bottom quartile and, in many cases, sustainable funds outperformed their benchmarks. This is...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
