The Great Reset: Wall Street Undergoing A $120 Trillion Transformation
LONDON, Dec. 21, 2020 /PRNewswire/ -- Big money is turning its back on companies that aren't conforming to one simple idea. Sustainability. And it's fueling one of the biggest transfers of capital the world has ever seen. Mentioned in today's commentary includes: Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), Enphase Energy, Inc. (NASDAQ: ENPH), NextEra Energy, Inc. (NYSE: NEE), NIO Limited (NYSE: NIO).
In fact, within a year, 77% of institutional investors will stop buying into companies that aren't, in some way, sustainable. And the new King of Wall Street is leading the charge.
BlackRock, with over $7 trillion in assets under management, says its clients will doub
