Sustainable Investment Funds Near $2 Trillion in Assets

By Max Chen10 days ago

Socially responsible funds attracted record inflows over the first three months of the year, bringing total global assets under management in environmental, social, and governance funds to almost $2 trillion.

According to Morningstar data, ESG funds crossed the $1 trillion mark in the second quarter of 2020 and accumulated $1.984 trillion by the end of the first quarter this year, CNBC reports.

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Meanwhile, global sustainable funds brought in a record $185.3 billion for the first quarter of 2021, up 17% compared to the previous quarter. Additionally, overall assets in ESG-related funds surged 17.8% compared to the last three months of 2020.

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