ESG-labeled investment funds risk losing investors if Republicans take back control of the US Congress.
A Bloomberg News survey of attitudes to ESG found that about 45% of terminal readers expect money flows to funds donning the ESG label to slow with a GOP victory at Tuesday’s election. Roughly one third said there won’t be any impact, while 5% said flows will increase and almost 15% aren’t sure. Bloomberg surveyed 550 terminal users over the past month.
The results come amid signs that