Sustainable investors face squeeze as larger firms move in
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COLORADO SPRINGS, Colo. (Reuters) - Specialised fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in.So-called sustainable funds, which pick stocks based on environmental, social or governance (ESG) criteria, are on track to take in more than $16 billion in net new deposits this year, triple last year's record of $5.5 billion, according to fund tracker Morningstar Inc.But the new money has largely gone..