ESG is not a word

Managed funds appear to be falling out of love with the ESG sustainability tag. (Image: Getty)

Tue, 29 Apr 2025

ESG is not sustainable.According to a new Morningstar report, the environmental, social and governance abbreviation lost significant traction as a managed fund label during the March quarter.The study by Morningstar's specialist research subsidiary, Sustainalytics, found the sector suffering an identity crisis in early 2025 amid a political assault in the United States and a regulatory crackdown in the European Union.'Liquidated or merged'“Rebranding activity accelerated,” the report notes. “In Europe, 335 sustaina...

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