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ESG fund revenue stagnates amid greenwashing concerns and backlash

Asset Management Correspondent

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Waning investor appetite for sustainable investment funds has dampened ESG fund revenues for a second year running, with low single-digit increases marking an end to a boom that saw management fees increase by more than 300%.

 by Fitz Partners, ESG bond funds in Europe generated $221m in revenue in 2024, representing a 2% increase on the previous year. The same increase was recorded by ESG focused equity funds, which brought in just over $1bn in management fees.

Revenue increases for non-sustainable funds outpaced ESG products again last year

David Ricketts

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2juvFU5RgKQ+susTeMCXOpoO2ZHRLBtl

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