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by evolve2k
2351 days ago
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I think you’re both way off base on this one. Index funds by their nature pretty much replicate the index, it’s a mathematical play generally with no position on dumping or actively positioning on any stocks. This was always the climate problem, neutral is not ex-climate stocks.. neutral was maths, just matching the index. Pure indexing was not taking a climate position. This is why this is so huge, they’ve reset neutral and are challenging others to do the same. If they gain net inflows into their updated index products this will move fast. |
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They're just creating some new/modified indexes as far as I know. There are already more ETFs than individual stocks, I remember reading somewhere.