Australia 'catches up' with global peers on ESG
Net inflows to environmental, social and governance equity funds were $1.6 billion in the third quarter of 2021, according to Calastone.
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Net inflows to environmental, social and governance equity funds were $1.6 billion in the third quarter of 2021, according to Calastone.
A white paper from a global trading network for managed funds has shown that investor appetite continues to rise throughout the ongoing COVID-19 pandemic.
Australians are undeterred from investing by the pandemic as only 17% say they are less likely to invest now, although 66% are worried about their financial future, according to Calastone.
Australian investors go cold on equity funds after recent lockdowns By Neil Griffiths 20 July 2021 Investor appetite for equity funds has cooled off on the back of recent lockdowns around Australia. According to global fun network Calastone’s Q2 fund flow index (FFI) for Australia, equity fund flows were down almost 20 per cent over the last quarter. Between April and June in particular, inflows fell by a fifth (-19.7 per cent) compared with the first quarter of 2021, which is more than two-fifths lower the net amount of c...
Over the whole three-month period, net buying of funds focused on Australian equities held up better than most other geographical flavours of equity funds, as inflows dropped by just 6%. Global funds saw inflows drop 21%, while regionally-focused funds saw inflows fall by 40% which included emerging market funds that struggled due to a stronger US dollar. Real estate funds struggled too as inflows fell to $115 million in June, their lowest level in 11 months, and more than 36% lower than the average since July last year. However, fixed income saw a 42% quarter-on-quarter jump in net flows for...