ESG fund flows breaks records despite active equity's continued decline

Fixed income enjoys another strong quarter

ESG and global equity funds both continued to break records over the past month and quarter, however this did not prevent active equity funds losing £638m overall in July alone, according to the latest Fund Flow Index from Calastone.

Over the course of April to July, global equity funds recorded four of the eight best months on record for inflows, with investors funnelling £3.1bn into the asset class, and £605m in July alone. How sustainable is performance spike in ESG funds post-pandemic? "Overwhelmingly" global in their nature, ESG funds have boosted the global equity flows considerably, with one third of money committed to global funds over the last year heading to ESG investments; in June and July, this increased to over half, with July's figures seeing ESG global inflows of £320m, compared with £285m for non-...