A third more climate-focused funds launched in 2022

Research by Morningstar

clock • 1 min read

The number of mutual and exchange-traded funds with a climate-related mandate has increased by 32% so far this year, according to research by Morningstar.

As of the end of September there were 1,140 global investments with a climate focus. Asset managers during the period, particularly in Europe, have focused their product development on funds invested in companies better prepared for the transition to a low-carbon economy, Morningstar found. Climate-conscious funds represented 37% of all climate fund launches, followed by climate-solutions funds (31%), and clean energy/tech funds (17%).  Assets in European climate funds dropped by 6.5% in the first nine months of the year to $303bn. In euro terms, however, European climate fund asse...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on ESG

LSEG, Baillie Gifford and Ruffer among 120 investors calling for ISSB adoption
ESG

LSEG, Baillie Gifford and Ruffer among 120 investors calling for ISSB adoption

Sustainable reporting standards

Cristian Angeloni
clock 22 May 2024 • 2 min read
CCLA's James Corah: Unravelling the ESG identity crisis to put sustainable investing back on track
ESG

CCLA's James Corah: Unravelling the ESG identity crisis to put sustainable investing back on track

'Eventually people will discover the truth'

James Corah
clock 22 May 2024 • 4 min read
Sustainable investing continues to confuse investors despite FCA labels
ESG

Sustainable investing continues to confuse investors despite FCA labels

Alignment eludes consumers

Cristian Angeloni
clock 15 May 2024 • 2 min read
Trustpilot