Money moving into environmental funds shatters previous record
Sutthipong Kongtrakool
Investors looking to impact society in a positive way, and hopefully turn a profit in the process, shoveled money into so-called sustainable funds in record amounts last year.
Mutual funds and exchange-traded funds with a focus on sustainability raked in $20.6 billion of total new assets in 2019, according to Morningstar.
Last year’s net money flows into these funds, also…