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Does the industry's ESG focus quell outflow concerns?

Katie Royals, 16/02/2024

The headlines surrounding sustainable investing have not been favourable in recent months. ESG sceptics have used this to claim the ‘heyday’ is over and sustainability has lost its charm in the wealth management sector.

According to Morningstar, global sustainable funds experienced net outflows of $2.5 billion in the last quarter of 2023.

However, recent activity from wealth managers, particularly in the UK, would suggest the industry is not expecting ...


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