Asia ESG fund flows plummet in first quarter

May 7, 2024--Strong inflows to Taiwan's sustainable vehicles help offset heavy outflows from Hong Kong and Singapore
There were "subdued" flows in sustainable funds in Asia excluding Japan and China in the first quarter of the year, recording a 63 per cent decline from a revised $1.7bn in net new money chalked up during the previous quarter.

Sustainable open-ended and exchange traded funds in the Asia ex-Japan, ex-China region posted $622mn in net inflows in the three months to the end of March, Morningstar’s Global Sustainable Fund Flows report shows.