Sustainable funds market inflows halve as ESG falls out of favour
By Virginia Furness LONDON (Reuters) – Money flowing into global sustainable funds shrank by half in 2024 and in Europe closures of such funds outpaced new launches, as anti-ESG sentiment and subpar returns dulled the appeal of the investment strategy, Morningstar Sustainalytics said on Monday. The funds’ best quarter for inflows came at the end …
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