The recent plunge in technology shares is causing significant withdrawals from ESG (Environmental, Social, and Governance) funds. These funds, heavily weighted towards tech stocks, are experiencing substantial losses, highlighting the volatility and risks associated with stock-based compensation. Major ESG funds like Parnassus Core Equity and Vanguard FTSE Social Index have seen significant declines, reflecting broader market challenges and investor concerns over rising interest rates and geopolitical tensions
Read More: https://www.sganalytics.com/blog/tech-stocks-slump-triggering-withdrawn-of-esg-funds/
