January Asset Flows
Sustainable Funds start the year with strong inflows
Sustainable funds and ETFs in the U.S. pulled in $1.4 billion in January, more than two and a half times the amount the group pulled in last January.
Funds with the largest inflows in January:
These include five large funds from J.P. Morgan, Morgan Stanley, and RBC that have recently added ESG to their prospectuses. Eleven of the 20 are international or global funds, and four of those are emerging-markets funds.
Three funds reached scale in January. Global X Conscious Companies ETF passed the $50 million mark. The fund had AUM of $54,876,942 at the end of January. TIAA-CREF Social Choice Low Carbon Equity passed the $100 million mark, with $107,463,395 in AUM at the end of the month, as did Eventide Multi-Asset Income, with $106,176, 121 in AUM.
