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Investors turn away from ESG funds, data shows

Flows have turned negative and millennials do not rate ethical considerations highly when choosing funds, according to Calastone.

ESG flows peaked in 2021 but have fallen since then.

The popularity of environmental-social-governance type investing is waning and global inflows into non-ESG funds are likely to exceed ESG fund flows for the first time since 2019, according to funds network Calastone.

Data from Calastone show that ESG flows peaked in 2021, a year when more than

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Lachlan Colquhoun Thu, 16 Nov 2023
Contact the Writer: lachlan@nbr.co.nz
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Investors turn away from ESG funds, data shows
Analysis,
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