Flows into sustainable open-ended and exchange-traded funds hit $16bn in the final quarter of 2024, marking a significant increase from $9.2bn in Q3.
According to Morningstar's latest Global Sustainable Fund Flows report, the rise in ESG fund flows was driven by European-domiciled sustainable strategies, which pulled in $18.5bn of net new subscriptions during Q4 2024, up from $8.9bn in the previous quarter. This was followed by the Asia ex-Japan region, which saw $2.7bn inflows over the last quarter of the year, broadly in line with the $2.3bn in the third quarter of 2024. Defence companies under increased ESG scrutiny as geopolitical tensions rise In the US, however, the sustainable funds sector witnessed $4.3bn in redempt...
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