Data from Morningstar has shown that in the first quarter of 2022, Article 8 funds had outflows of €3.3bn, the first time such classified funds have seen more money leaving than being invested. From March 2021, Sustainable Finance Disclosure Regulation (SFDR) introduced classifications to funds such as Article 8, which defines funds that promotes environmental or social characteristics. While Article 8 funds show outflows so far in 2022, Article 9 funds, which have sustainable investment or carbon emissions as a core objective, registered inflows of €8.6bn. Collectively, Article 8 and...
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