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The most important US sustainable fund, Parnassus Main Fairness, which has $28.4bn of assets, “continues to be one of several ten largest losers with regards to flows for 2 a long time straight”, Morningstar mentioned in the report in May well.
But The newest info highlights which the pullback from ESG has reached Europe, the approach’s traditional stronghold. ESG fairness fund outflows during the area have been $one.9bn in April.
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Sustainability-concentrated fairness funds suffer Internet $40bn of outflows in 2024, the 1st sustained copyright
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