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Sustainable Funds See Turnaround With $4.3 Bn In New Investments In Q2 2024
In Q2 2024, the global market for exchange-traded and open-ended sustainable funds saw net new investments of approximately USD 4.3 billion, marking a significant increase from the revised outflows of USD 2.9 billion in Q1. European sustainable funds notably contributed to this rise, with net new investments jumping from a revised USD 8.4 billion in the previous quarter to USD 11.8 billion.
Data revealed by Morning Star research examines open-end funds and exchange-traded funds (ETFs) that emphasise impact, sustainability, or environmental, social, and governance (ESG) factors. It provides an overview of regional investments, asset movements, and new fund launches for Q2 2024, highlighting recent trends in the global sustainable fund industry.