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China’s US$1B ESG fund outflow in 2Q20 not necessarily ESG-related: Morningstar

While Asia ex-Japan saw record inflows in ESG/sustainable funds in 1Q20, outflows in 2Q20 almost entirely offset what the previous quarter had raked in, with China alone registering US$1 billion outflows. But Morningstar said investors should not be dissuaded by the numbers, as they may not reflect investor appetite for ESG funds. According to Morningstar’s latest Global Sustainable Funds Flows…

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