ESG mandated US funds posted $9B outflows in Q1
First three months of 2024 was challenging for sustainable funds.
US fund managers suffered their worst-ever quarter for ESG-focused products as the pace of client redemptions intensified.
Client withdrawals from US funds targeting environmental, social and governance goals reached $8.8 billion in the first three months of 2024, according to fresh data comp
Learn more about reprints and licensing for this article.
