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

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 …

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Why private equity has been involved in every recent bank deal

Why private equity has been involved in every recent bank deal

Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, D.C., on Dec. 2, 2020. Greg Nash | Reuters The $1 billion-plus injection …

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