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Morningstar's global director of sustainability research Hortense Bioy
Net inflows into sustainable funds faltered in the second quarter of 2021 led by Europe, where inflows fell 25%, although sustainable assets notched up 12% growth globally, according to Morningstar.
The latest Sustainable Fund Flows report revealed that net inflows declined across the board in the second quarter, down 24% to $139.2bn globally from an all-time high of $184bn in the first quarter, although flows into sustainable funds remained well above 2020 levels. Morningstar said that Europe accounted for more than 81% of these flows but that it "remains by far the most developed and diverse ESG market", while the US accounted for 13%, having registered a "more moderate decline" in sustainable net flows of 18% over the period. Investment Week reveals finalists for Sustainable &...
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