Dark green funds saw their lowest flows on record throughout the second quarter of 2023, despite sustainable fund assets passing the €5trn mark for the first time. Assets in Article 8 and Article 9 funds rose by 1.4% over the quarter, despite the former losing €14.6bn in outflows, while the latter raised their lowest inflows (€3.6bn) since the introduction of SDFR in 2021. Data from Morningstar's SFDR Article 8 and Article 9 Funds: Q2 2023 in Review report revealed that despite the poor inflows, Article 9 funds saw the best performance of any SFDR classification, rising 1.2% organical...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
