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

Advisers notice growing client demand for bespoke investments

Advisers notice growing client demand for bespoke investments

Want access to ETFs, investment trusts, equities, bonds and AIM shares

Isabel Baxter
clock 17 April 2025 • 2 min read
FCA outlines final CCI ruling timeline as it brings out second consultation

FCA outlines final CCI ruling timeline as it brings out second consultation

'Detailed engagement' to continue

Eve Maddock-Jones
clock 16 April 2025 • 3 min read
Talking with… Rathbones Asset Management's James Thomson

Talking with… Rathbones Asset Management's James Thomson

The series continues as Richard Romer-Lee chats to James Thomson

Richard Romer-Lee
clock 14 April 2025 • 4 min read