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 &...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
