ESG funds suffer following outbreak of war in Ukraine

Flows drop to $15bn in March

clock • 2 min read
ESG flows in March lowest since outbreak of pandemic
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ESG flows in March lowest since outbreak of pandemic

Flows into global ESG funds fell to just $15bn in March this year, as the fallout of Russia’s invasion of Ukraine on 24 February took its toll on markets, according to data from Institute of International Funds.

The organisation highlighted the "challenging backdrop" of the first quarter of this year as a whole, which saw overall flows into ESG funds fall to $75bn, marking a "sharp slowdown" from their recent...

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