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  • Writer's pictureGustavo Bernal Torres
    • Feb 20, 2021
    • 1 min read

ESG Demand Prompts more than 250 European Funds to Change Track

Repurposing helped push European sustainable AUM to €1.1tn by the end of 2020-

  • In addition to the repurposed vehicles there were 505 new ESG fund launches in Europe over the year.

  • Morningstar data also show that 87 per cent of the 253 repurposed funds, which claimed to have added ESG criteria to their investment objectives and/or policies, also rebranded themselves, adding terms such as “sustainable”, “ESG”, “green”, or “socially responsible investment” to their fund title.


Source: https://www.ft.com/content/e0237f69-a8c8-4bfc-9ccc-c466fb11f401

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