Investors React to Sustainability Equity Fund Outflows in 2024
Wednesday, 5 June 2024, 16:27
ESG Fund Outflows in 2024
Sustainably focused equity funds encountered a severe outflow of $40bn, marking a notable shift in investor sentiment.
Impact on Performance
Investors are withdrawing cash from ESG funds due to lagging performance, indicating a loss of confidence in this sector.
Future Implications
The sustained exodus poses challenges for ESG fund managers to rebuild trust and enhance performance to attract new investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.