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Amundi and Impax find Trump has been kind to ‘green’ stocks

Trump's election hasn't dampened investors' enthusiasm for carbon-efficient companies, thanks chiefly to low oil prices

Amundi and Impax find Trump has been kind to ‘green’ stocks

Companies rated by fund managers for having market-leading policies and practices on carbon emissions have outperformed their rivals in the six months since Donald Trump was elected US president - despite his sceptical stance on climate change.

The French asset manager Amundi, which put together an index of low-carbon companies in 2014 with the index provider MSCI, says they have outperformed the broader market since launch - and perhaps counterintuitively, since the November 8th US election.

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