My text and weird word^[1]. Then text.

In April 2021, Sustainable mutual fund flows in Europe at €32bn were down 27% vs march 2021. Yet they continue to be sustained, 12% above the one-year average (Source: Morningstar data as of end of April 2021).  

Sustainable passive fund flows are down 33% while flows to active funds are down 24% from March 2021. The latter continue to dominate sustainable cash flows in January, with almost 70% of total inflows.

Equity sustainable fund flows reached €19.7bn, ie 31% decrease while fixed income susatinable fund flows decreased by 24% totalising €6.6bn. Equity passive funds shows the highest decrease inside the equity asset class at 34%.

Despite the decrease in April 2021, ESG fund flows remain sustained and above the one-year average for both active and passive funds. Passive fund flow trend is even more favourable with flows still 24% above the one-year average vs +7% for active funds.

👉A reliable and exhaustive use of data is key to produce fair analysis to help investors achieving their goals.