Funds built around good environmental, social and governance (ESG) principles faced their toughest test yet in 2023, giving rise to questions about the sustainability of demand for sustainable investments. But wealth managers specialising in the area are refusing to have their confidence knocked.
Global ESG and sustainable funds saw redemption of close to $2.5 billion in the last quarter of 2023, according to Morningstar data. This was the first time net flows fell into ne...
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