Assets in European sustainable funds have risen by 52% in the past year to hit €1.1trn in December 2020, driven by significant inflows, repurposed assets, and rising financial markets, according to Morningstar.
Its new European Sustainable Funds Landscape report revealed European sustainable funds attracted a record-high €233bn in 2020, almost double the previous year and ten times higher than five years earlier. After the decline in inflows during the Covid-19 market shock in the first quarter, sustainable fund flows recovered strongly to reach record highs in the fourth quarter, just shy of €100bn in net new money. Sustainable investing a 'must have': Willis Owen's Lowcock picks top ethical funds BlackRock was the top sustainable fund provider in Europe, garnering more than triple the f...
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