Sustainable Funds Reach Record $3.5 Trillion AUM in 2024: Morgan Stanley Report

Sustainable funds reached $3.5 trillion in assets under management (AUM) in 2024, despite slower inflows of $20 billion in the first half of the year. These funds delivered a median return of 1.7%, outpacing traditional funds’ 1.1% return and outperforming them by 4.7% over the past five years. While there was a significant outflow of $12 billion in May 2024, many investors still view sustainable funds as essential for managing risk and aligning with environmental goals. As sustainability trends continue to influence the market, these funds are expected to maintain their strong performance and growth potential. Resources: https://esgnews.com/sustainable-funds-reach-record-3-5-trillion-aum-in-2024-morgan-stanley-report/