Worldwide net inflows into Exchange Traded Funds with an Environmental, Social and Governance (ESG) profile fell to 9.8 billion dollars in January compared to 19.8 billion dollars the same month a year earlier, according to London-based research firm ETFGI.
The firm said ESG funds now have experienced 37 consecutive months of net inflows.
Total assets invested held in ESG funds and products decreased by 3.2 percent to 379 billion dollars in January, down from 392 billion dollars in December.
The decline relates to the general decreases in equity values during the first month of this year, with the S&P 500 index falling 5.2 percent.
Developed markets excluding the US experienced a loss of 5.3% in January, ETFGI said. New Zealand suffered the biggest loss with a decline of 14.4 percent. Emerging markets fell 0.9% during January as increases of 12.4 percent both in Chile and Columbia both were offset by declines in Russia, down 8.7 percent, and Poland, down 4.8 percent.
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