ESG investing has become more popular during this bull market as the public started becoming more serious about the environment. With companies that are involved with renewable energy outperforming index funds, some wonder if:
The ESG investing trend is a bubble
Investors care more about moral status than profits
Fossil fuels will continue to have a place in the worldWhile we can't give you all the answers to those thoughts, we can give you a perspective on ESG investing that you probably haven't heard of.
Recently, the UC System's pension fund has fully divested from fossil fuel investments. Being one of the largest university networks in California and having one of the largest investment funds among various universities, having on of the largest university investment funds fully divested from fossil fuel ventures gives a big message to the worlds of investing and environmentalism.
Listen to this episode to hear a new perspective on ESG investing!
And don't forget to check out our blog: Dissecting the Markets
*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed or registered financial expert. Please see a financial advisor before making investment decisions.
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