Callaway Climate Insights

Callaway Climate Insights

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Callaway Climate Insights
BlackRock's dynamic ETF debut signals a renewables green light
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BlackRock's dynamic ETF debut signals a renewables green light

ESG investing has been somewhat rocky lately, but fund launch shows the sector's basic strength

Apr 12, 2021
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Callaway Climate Insights
Callaway Climate Insights
BlackRock's dynamic ETF debut signals a renewables green light
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. . . . Things have been somewhat rocky for ESG investments in recent weeks, but finance giant BlackRock (BLK) scored a major coup in the sector at the end of last week when an exchange-traded fund (ETF) investing in U.S. companies concentrating on carbon reduction pulled in the most cash on record in its first day of trading. Investors poured about $1.…

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