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European ESG funds see slower inflows in Q1 (2024)
| Environmental, social, and corporate governance |
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| • What is ESG? • Enacted ESG legislation • Arguments for and against ESG • Opposition to ESG • Federal ESG rules • ESG legislation tracker • Economy and Society: Ballotpedia's weekly ESG newsletter |
European investors continued to add money to ESG exchange-traded funds (ETFs) during the first quarter of the year, but the ESG inflows (as a percentage of total ETF inflows) slowed by almost half:
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European investor allocations to environmental, social and governance exchange traded funds slowed down in the first quarter of 2024 as the sector endures an “existential crisis”, Morningstar research shows. … ESG sales represented 16 per cent of total ETF inflows during the quarter, compared with 29 per cent in the previous period, the research found. “This means further deceleration from the highs of 2022 when close to 65 per cent of all flows into the European ETF market were directed to ESG-themed strategies,” said Jose Garcia-Zarate, associate director of passive strategies at Morningstar. ESG investing “appears to be going through a period of existential crisis as flows, while still positive in absolute terms, dwindle as a proportion of total flows, particularly within equity”, Garcia-Zarate added.[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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