Rising fears of a bubble in responsible equities

Huge inflows into ESG funds are driving up prices for equities with green credentials.

Photo: Jan Dagø/JPA

US companies with top ESG rankings now trade at a 30 percent premium compared to the poorest performers as measured by their forward price-to-earnings ratios, reports the Financial Times quoting Savita Subramanian, head of US equity strategy at Bank of America.

"This is not just a function of growth stocks doing better than value stocks," Savita Subramanian said describing the dichotomy in US markets as "monstrous".

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Oil fund 2021 returns almost reach 15 percent

The three last years have been the best in the sovereign wealth fund's history, in NOK terms. CEO Nicolai Tangen and Deputy CEO Trond Grande don't expect the same good times going forward, however.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch