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Asset stickiness and new launches drive ESG fund inflows this year: Morningstar

Against the backdrop of the overall market sell-off year-to-date, ESG or sustainable funds are showing resilience: driven by high asset stickiness and new ESG fund launches, the global sustainable fund universe raked in US$45.6 billion in 1Q20. Investors in sustainable funds are typically driven by their values, Hortense Bioy, director, passive strategies and sustainability research, Europe told Asian Private Banker….

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