Sustainable Funds Rebound With Global Inflows of $4.9 Billion

The global market for sustainable funds recovered in the second quarter after posting record-high redemptions during the first three months of the year, according to an analysis by Morningstar Inc.

Against a backdrop of “ESG backlash and volatility sparked by geopolitical tensions and US tariffs, the picture for ESG funds improved last quarter,” led by investments in European-based offerings, said Hortense Bioy, head of sustainable investing research at Morningstar Sustainalytics.