(AOF) – Global sustainable funds attracted $32.6 billion in net new capital in the second quarter of 2022, down 62% from the $87 billion raised in the first quarter, reveals Morningstar’s latest report on raising sustainable funds around the world.
“In the face of investor concerns about a global recession, inflationary pressures, rising interest rates and the conflict in Ukraine, sustainable funds still held up better than the market as a whole, which saw net outflows. of $280 billion over the period,” observes Morningstar.
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