The U.S. market for ESG assets has jumped ahead of Europe in a sharp break from the past. “While Europe has historically led on ESG assets, the U.S. has seen over 40% growth over the past two years and now accounts for $17 trillion,” or almost half of the global $35 trillion of assets under management, said Adeline Diab, head of ESG and thematic investing for EMEA and APAC at Bloomberg Intelligence. (For more on BI’s latest ESG research and related content, see NI ESGDAILY.) A report published earlier this week by the Global Sustainable Investment Alliance said the European market for ESG assets contracted by $2 ... (full story)