Bloomberg (February 14)
2022/ 02/ 15 by jd in Global News
“Japan’s largest money managers appear to have come to a consensus about where to allocate their sustainable investment portfolios: anywhere but Japan. The country’s four largest ESG funds have put at least 95% of their net assets in foreign stocks… devoting only a small fraction of their 1.4 trillion yen ($12.1 billion) to domestic holdings.”
Tags: Consensus, Domestic holdings, ESG funds, Foreign stocks, Investment portfolios, Japan, Money managers, Net assets, Sustainable