Mega-cap tech stocks dominate many ESG funds. Here’s why

The top holdings of many ESG funds may be surprisingly familiar. While these strategies consider a company’s environmental, social and governance factors, these funds still aim to invest in top performers across industry groups, DWS Group’s Arne Noack explained. “The idea isn’t to be super concentrated and only select a handful of stocks that do … Read more

The SEC votes this week on controversial climate change rule: Here’s what’s at stake

Securities and Exchange Commission Chair Gary Gensler on Wednesday will hold a vote on one of his most controversial proposals: a rule that would require corporate America to disclose material risks posed by climate change. President Joe Biden said climate risk is an “existential threat” and that it posed a greater risk than nuclear war. … Read more