16-05-2025
Global Backlash Drives Worst ESG Fund Redemptions on Record
The global market for sustainable funds just suffered its worst quarter on record with redemptions reaching an all-time high, according to a fresh analysis by Morningstar Inc.
Against a backdrop of 'geopolitical uncertainty and a growing backlash against ESG,' investors withdrew an estimated $8.6 billion in the first quarter of 2025, Morningstar said on Thursday. The development marks a 'stark reversal' from the $18.1 billion in inflows in the final quarter of 2024, it said.
