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The promise of saving the world while saving for the future is appealing, but is turning out to be harder than expected.
$14 billion has been pulled out of sustainable investment funds over the past year following 4 years of steady inflows. Similarly, some fund managers are reversing course on the ESG trend, either renaming funds to focus less on ESG or completely winding up ESG-focused funds.
Herbie and Transformers notwithstanding, fully-autonomous vehicles (AVs) have not materialized and look to have an uncertain future ahead.
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