Sustainable Funds Continue to Rake in Assets During the Second Quarter
ESG fund flows have already nearly matched last year's record.
Sustainability Matters
Mentioned: Calvert Equity A (CSIEX)
, Parnassus Core Equity Investor (PRBLX)
, Brown Advisory Sustainable Growth Inv (BIAWX)
, iShares ESG Aware MSCI EM ETF (ESGE)
, iShares ESG Aware MSCI EAFE ETF (ESGD)
, iShares ESG Aware MSCI USA ETF (ESGU)
, Parnassus Mid-Cap (PARMX)
Sustainable fund flows in the United States continued at a record pace in the second quarter of 2020, with estimated net flows of $10.4 billion. That nearly matched first-quarter flows and brought the total for the first half of the year to $20.9 billion, just shy of the annual record of $21.4 billion in sustainable fund net flows set in 2019. Last year's flows were 4 times the previous record for a calendar year.
Jon Hale does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.