Recently, a major shift has been observed among asset owners who once took a “tokenistic” approach toward environmental, social and governance (ESG) and are now looking to integrate it into core investment strategies.
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US stocks sprinted higher in April, helping them recapture the lead from their developed Asian and emerging-market peers for all of the rally that began last fall. Global equity performances continued to hinge on the increasingly divergent post-crisis recovery trajectories across economies.
Among this year’s notable twists and turns, the recent giveback of Russell 2000 outperformance to its large-cap counterpart has been particularly striking. What happened?
With the COP26 climate summit in Glasgow less than 200 days away, countries accounting for more than two-thirds of global GDP have now committed to net-zero emissions by the middle of the century.
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