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Collectively, Article 8 and Article 9 fund assets grew by 8.5% in the first quarter of 2022 to €4.2trn
Data from Morningstar has shown that in the first quarter of 2022, Article 8 funds had outflows of €3.3bn, the first time such classified funds have seen more money leaving than being invested.
From March 2021, Sustainable Finance Disclosure Regulation (SFDR) introduced classifications to funds such as Article 8, which defines funds that promotes environmental or social characteristics. While...
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