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Capital Flows
October 16, 2023

ESG fund outflows point to ‘negativity’ around the label

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Photovoltaic panels at a solar farm in Kent, England produce green energy. The UK’s ESG funds are suffering outflows, however, as the label apparently loses favour with investors. (Photo: Chris Ratcliffe/Bloomberg)
Photovoltaic panels at a solar farm in Kent, England produce green energy. The UK’s ESG funds are suffering outflows, however, as the label apparently loses favour with investors. (Photo: Chris Ratcliffe/Bloomberg)

UK investors pull out of environmental, social and governance funds for fifth month in a row in September, according to Calastone

Environmental, social and governance funds suffered their fifth consecutive monthly outflow from UK investors in September, according to research by funds network Calastone. 

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