These funds attracted a lot of attention last year but inflows have since slowed to a "drizzle," the research firm says.
The move highlights the gap between Europe and the U.S. in how ESG strategies are regarded.
Companies are better off avoiding the minefield of social activism and just concentrating on making money for shareholders.
The ESG fund industry has long had an outsize exposure to tech.
The new index was developed to meet clients' requests, Bloomberg said.
President Biden used the first veto of his term on a niche investment topic that has captured national attention.
Only 4% of "sustainable" funds can expect to get past U.S., U.K. and European watchdogs, a new study says.
The lawsuit emerges as Republican politicians across the U.S. criticize environmental, social and governance investing.
Investors are paying 20% more for roughly the same portfolio as other funds, says a Harvard study. Experts weigh in.
Investors rejected all other shareholder proposals and approved all company ones.
Investors yanked $5.2 billion from US-domiciled sustainable funds in the first quarter of this year.
Black and Latinx leaders are quitting so quickly it's offsetting BlackRock's diversity efforts.
The amount of bonds sold last quarter for ESG projects was down more than 50% from last year.
The original mission conceived during WWII to promote global economic cooperation and growth is more important than ever.
While direct indexing does offer some very attractive features, it may not be right for everyone.
Asset managers are pushing back more successfully against proxy proposals from climate and social activists.
The Xtrackers MSCI USA Climate Action Equity ETF debuted on Tuesday with $2 billion in assets.
The project will focus on markets including the Pacific Northwest, Colorado, California, Arizona and Texas.
Insurance companies and advocacy groups oppose the proposed legislation.
Synthetic ETFs use swaps to offer investors exposure to indexes such as the S&P 500.