Sustainable funds Archives - Fund Selector Asia

Fragile support for sustainable funds in Asia

Taiwan was the exception to the trend of net outflows from Asia ex-Japan sustainable funds in the first quarter of this year, Morningstar finds.

Assets of sustainable funds in China edged up to Rmb315bn at the end of June 2023, according to Morningstar research.

Taiwan and Thailand were the standout markets during the fourth quarter thanks partly to new product launches, according to Morningstar.

Inflows into sustainable funds slowed during the second quarter but still outstripped conventional fund flows.

The fund is the company’s first sustainability fund designated as article 8 within the Sustainable Finance Disclosure Regulation.

Abrdn’s Asian high yield sustainable bond fund is available to Singaporean retail investors and Hong Kong professional investors.

The number of new fund launches also reached a record high during the quarter, according to Morningstar.

The equities funds are due to be aligned with Article 8 of the EU’s Sustainable Finance Disclosure Regulation (SFDR) on 1 August.

The product is available to investors worldwide except in the US.

Actively managed equity funds dominate China’s sustainable assets, data shows.