Global ESG funds see highest inflows on record in July

ESG_investements_risingJuly saw record inflows of £362 million (€403 million) into ESG funds globally despite equity funds overall suffering outflows of £240 million.

According to figures from fund network Calastone, each of the past four months has set a new record for ESG equity fund inflows.

The cumulative total of £1.2 billion inflows into ESG funds since April is greater than all previous five years combined on record.

Funds focused on UK equities were hardest hit, seeing outflows of £377 million in July, taking the two-month total outflow from UK equities to almost £1.1 billion.

Outflows from equity income funds accelerated, breaking the record for a second consecutive month as investors redeemed £705 million of their holdings.

Meanwhile, despite notching up their twenty-sixth consecutive month of outflows, European equity funds shed only £62 million, their lowest level in almost two years and well below the monthly average outflow of £211 million.

The reduction in negative sentiment towards European funds reflects a relatively effective response to the pandemic, Calastone said.

Thought leadership


This whitepaper outlines key challenges impeding the growth of private markets and explores how technological innovation, when bolstered by the operational experience and global reach of FMIs, can provide solutions to unlock access to private market funds for a growing investor base.


Transporting goods by sea is the lowest carbon way of transporting goods. That said, the shipping sector contribute 3% of global carbon emissions, so we need it to get to net zero. Breakthrough technologies have the power to reshape the industry and drastically reduce its environmental footprint.


Executive Video Interviews

Why fund admin tech is a key competitive advantage

Cian Hyland, Strategic Client Relationship Director at Deep Pool Financial Solutions spoke to us about how technology enables efficient data management, reporting automation and secure data access.

Insights from State Street

Cuan Coulter, Global Head of Asset Managers and Head of UK and Ireland at State Street, discusses how fund managers decide between the two cross-border fund domiciles, namely Ireland and Luxembourg, and why asset managers find managing data so difficult.

Unlocking access to private markets

Vincent Clause, who heads the global funds strategy at Euroclear and David Genn, CEO of Goji, sit down with Funds Europe to explain how technological innovation, bolstered by operational experience and global reach, can provide solutions that unlock access to private markets.

Sustainable investing in the DC world

Claire Felgate, a specialist in UK defined contribution pension schemes at asset manager BlackRock, talks with Funds Europe editor Nick Fitzpatrick about how - and the pace at which - DC pension schemes are adapting to the requirements of sustainable investment.



Join our webinar for a deep dive into the findings of the fresh-off-the-press EU Taxonomy 2023 Insights Report, based on Clarity AI's best-in-class coverage of EU Taxonomy reported data and CDP industry-leading environmental datasets. 

In this webinar, we discuss tools for optimising fund data management and distribution, the role of global fund classifications and ratings, and how technology and automation enhance data integrity and insights.