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Sustainable fund inflows hit record high in Q1 - Morningstar
by Simon Jessop and Patturaja Murugaboopathy
Reuters Translate This Article
2 May 2021
On 2 May 2021 Reuters reported:
Record demand to invest in sustainable investment funds saw the sector's total assets rise 19 percent to a fresh high of nearly $2 trillion in the first quarter, data from industry tracker Morningstar showed. The surge in interest marked the fourth quarter in a row that the sector's assets have hit a record high, amid growing interest from investors for funds focused on environmental, social, and governance-related issues.
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
... The data showed global sustainable funds attracted a record inflow of $185.3 billion in the opening three months of the year, a 17 percent bump in new cash being invested compared with the prior quarter.
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