The MSCI World Index rose 4.5% over January driven by the release of strong US growth data, which fuelled hopes for a ‘soft landing’ rather than recession. The Fund was up 0.2% for the month due to the strong performance of individual holdings including Lonza (Health) and Autodesk (Resource Efficiency).
In this month’s commentary, Seb Beloe looks at how the ESG stampede of the 2020 is now reversing at least US$10bn had been withdrawn from ESG-focused funds in 2023 and what this means for the WHEB investment strategy.
We recently recorded a ‘2023 In Review’ webinar, which is available below for your review. CPD points are applicable for Australian Financial Planners HERE.