Fund managers include commodities in portfolios

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The Star 5d ago

Fund managers include commodities in portfolios - The Star

Quick Summary:

In a fresh study, analysts at Goldman Sachs Group Inc have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as environmental, social and governance (ESG).

What’s more, there are signs of improvement in recent months, with Article 8 and 9 funds seeing “modest net inflows” in both May and June, they said.

The picture is different in the bond market, however, with sustainable fixed-income funds generating US$115bil of inflows, compared with US$75bil for non-sustainable funds, the analysts said.