Exchange traded funds aligned with environmental, social and governance outcomes accounted for 65 per cent of all net inflows into European ETFs in 2022, even as ESG strategies underperformed.
The ESG ETFs gathered €51bn over the year out of total flows to European-domiciled ETFs of €78.4bn. The overall totals were down on 2021 when investors poured €160bn into European ETFs, but ESG’s share jumped significantly from the 51 per cent recorded then.
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