![Passive funds to take even bigger bite of ESG amid $48bn green ETF boom](https://s.wsj.net/public/resources/images/FN-AK977_FN_roc_M_20200818082745.jpg)
Investors have been piling cash into environmentally themed exchange traded funds, and the boom looks set to speed up amid the global pandemic.
Some 55% of institutional investors expect that the majority of their ESG holdings will be held in passive, index-tracking products over the next five years, according to Invesco.