ESG fund flows breaks records despite active equity's continued decline
Fixed income enjoys another strong quarter
ESG and global equity funds both continued to break records over the past month and quarter, however this did not prevent active equity funds losing £638m overall in July alone, according to the latest Fund Flow Index from Calastone.
Over the course of April to July, global equity funds recorded four of the eight best months on record for inflows, with investors funnelling £3.1bn into the asset class, and £605m in July alone. "Overwhelmingly"...
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