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Inflows for Impact funds in Q3 as ESG funds bleed

Inflows for Impact funds in Q3 as ESG funds bleed 28.7 bln euro
The EU’s top category of sustainable investment funds - impact funds as defined under SFDR Article 9 - saw inflows double in the third quarter compared to the second, while funds that are considered mostly sustainable, or Article 8 ESG funds, continued to bleed, research insights by Morningstar show. The analysis also shows that more than 380 funds were reclassified during the third quarter.
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