Archive | May 31, 2019

“JPMorgan Says This $720 Billion Area Is Only Getting Started”

Emerging markets are catching up with developed ones in the growing arena of environmental, social and governance investing, according to JPMorgan Chase & Co.

The active and systematic asset management universe for ESG has grown about 10% from the end of last year to $720 billion as of the first quarter, JPMorgan estimated in a report Thursday led by global research chair Joyce Chang. The firm said it’s now favoring emerging-market stocks tied to the sector versus developed-country counterparts because the two sides should converge.Yo