Calastone: ESG funds rake in 90% of July equity vehicle inflows

Inflows to equity funds drifted lower in July

Pedro Gonçalves
clock • 2 min read
ESG inflows rose to £995m in July, reaching its second best performance on record
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ESG inflows rose to £995m in July, reaching its second best performance on record

ESG equity funds bucked the trend of falling equity fund allocations in July, taking 89.5% of equity net inflows, marking the second-best month on record for ESG equity flows.

Calastone data shows ESG equity funds pulled in net inflows of £995m in July as inflows to equity funds overall fell to £1.1bn, around half their average monthly inflow over the last six months (£2.1bn). With index funds taking most of the impact, Calastone attributed waning interest to investors growing more concerned about global growth and the high value of stock markets around the world.  "Since 2015, inflows to ESG equity funds have totalled £11.6bn - astonishingly 99% has flowed in since August 2019," according to Calastone. "The vast majority of this cash has been devoted to gl...

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