Interest in responsible funds almost halved throughout Q2 2023, according to Square Mile’s latest Market Intelligence report.
The consulting and research house saw a significant drop in users exploring ESG funds via its Fund Dashboard - an interface through which advisers can access information across core fund selection criteria - from 30% in Q1 to 16.3% the following quarter. The firm said this may reflect a broader cooling in investor appetite for funds with a responsible investment mandate. Square Mile removes Jupiter UK Alpha rating following Richard Buxton's exit Meanwhile, interest has been steadily growing for funds seeking to deliver capital accumulation, accounting for over half of all searc...
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