Sustainable Fund Flows in 2019 Smash Previous Records
This could be the leading edge of a huge wave of assets into sustainable funds.
Sustainable funds in the United States attracted new assets at a record pace in 2019. Estimated net flows into open-end and exchange-traded sustainable funds that are available to U.S. investors totaled $20.6 billion for the year. That's nearly 4 times the previous annual record for net flows set in 2018.