Sustainable Funds Outperformed Peers in 2023
“Overall, sustainable funds generated median returns of 12.6%, almost 50% ahead of the 8.6% returns of traditional funds, with outperformance coming mostly in the first half of the year. Investor demand also remained strong with assets under management up 15% from 2022 levels, reaching $3.4 trillion; sustainable funds now account for 7.2% of total global AUM.”
[COMMENTARY] Many ethical and sustainable investors have come to believe that sustainable portfolios are not doing very well. Here comes Morgan Stanley to inform these investors that that just isn’t so.
Sustainable Funds Outperformed Peers in 2023, March 1, 2024, Morgan Stanley Institute for Sustainable Investing, USA.