ESMA Working Paper-ESG funds during the 2020 COVID-19 market turmoil: performance and flows-ESG funds outperformed and received higher net flows than their non-ESG peers
February 24, 2024--Summary: |
An analysis of performance and flows of EU ESG funds versus EU non-ESG funds during stressed market conditions has been lacking so far. Moreover, it is a first attempt to address the heterogeneity within the cohort of active funds with some active funds significantly outperforming compared to others. The main findings confirm this hypothesis and show that ESG funds outperformed and received higher net flows than their non-ESG peers. |
ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |