Excerpt from CNBC quoting DataTrek’s Nick Colas:
…. “About 80% of the money has gone into index funds, which means retail investors are likely behind the surge. “While exchange-traded funds are only part of the investment landscape, they are the primary destination for new retail investor flows, so seeing ESG-related funds take in so much capital in 2020 shows this theme is now catching a very large tailwind,” noted Nicholas Colas, DataTrek Research co-founder“….
Read the full article here on CNBC!