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.
Sustainable fund assets in Asia ex-Japan reached a new high in the third quarter of 2021, Morningstar data shows.
Taiwan leads Asia in terms of net inflows of sustainable funds in the third quarter, Morningstar’s data shows.
Sustainable funds in Asia saw smaller net inflows in the second quarter, compared with the previous quarter, according to Morningstar.