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ESG fund flows slump, Asia bond funds see outflows in 2023

Investment flows into sustainable funds and actively managed funds in Asia reveal a region at a crossroads of growth and adaptation, according to research from Morningstar.
ESG fund flows slump, Asia bond funds see outflows in 2023
Sustainable funds globally attracted new net inflows of just $59 billion in 2023, a significant drop from the inflows of $166 billion the previous year, according to Morningstar’s latest Global Fund Flows. Asia ex-Japan sustainable fund net inflows fell significantly from $7.2 billion in 2022 to just $3.3 billion in 2023, according to additional data provided by Morningstar. Asian markets are fragmented in their embrace of environmental, social, and governance (ESG) principles, …
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