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July 27, 2023

Global sustainable fund net flows fall 42%, says Morningstar

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Morningstar says there is a clear divide between Europe and the rest of the world over attracting new money into sustainable funds (Photo: Leungchopan/Envato)

Sticky inflation, tightening monetary policy and looming recession are deterring investors from sustainable funds, according to new research.

Net flows into global sustainable funds sat at $18bn at the end of the second quarter, a sharp fall from the $31bn recorded in the prior quarter, says a new ...

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