Sustainable funds see outflows for first time since March 2020

According to its latest UK Fund Flows report, showing data and analysis of UK open-ended funds and ETFs, the sector saw £199m of net outflows in August. However, this is just a small portion of the net total of £27.1bn that has gone into sustainable funds over the past 12 months. By comparison, funds non-ESG funds saw outflows of £3.6bn in August. This part of the market has not experienced positive flows over the past year with total estimated net outflows of more than £38bn over the period. Equity funds took the biggest hit once again with huge outflows of £5.2bn, the highest mon...