Sustainable funds attract £1.5bn more than conventional rivals in Q1

Latest findings on how various sustainable funds are faring

clock • 2 min read

Long-term sustainable funds attracted £4.11bn in the first quarter of 2023, compared to conventional peers which took in £2.58bn, according to data from Refinitiv Lipper.

However, total net flows, excluding money market funds, were negative at £6.69bn, the data showed. Sustainable equity funds attracted the best part of the flows into the sustainable sector, with £3.81bn. This is versus redemptions of £4.77bn from their conventional peers.  Sustainable flows are flattered, however, by the heavy redemptions from money market funds, which saw £24.5bn exit, where this is overwhelmingly conventional, Refinitiv Lipper noted. Sustainable bond funds took only a fraction of their conventional peers, attracting £393m compared to £7bn, or 6%.   Last year, Bon...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: Old demographics, new innovations — so why isn't healthcare booming?

Darius McDermott: Old demographics, new innovations — so why isn't healthcare booming?

'The sector should be flying — but it isn't'

Darius McDermott
clock 08 May 2025 • 5 min read
Why China's journey to net zero demands investors' attention

Why China's journey to net zero demands investors' attention

China's journey towards net zero could yet prove more rapid than expected

Gabriel Sacks
clock 07 May 2025 • 4 min read
Morningstar CEO: Advisers and industry need 'shared language' around risk

Morningstar CEO: Advisers and industry need 'shared language' around risk

Kapoor points to UK regulation becoming more ‘goals focused’

Sahar Nazir
clock 07 May 2025 • 2 min read