Stocks and Investing
Source : (remove) : Business Times
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Stocks and Investing
Source : (remove) : Business Times
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South-east Asia ESG funds record net inflows in Q3 2024, reversing two quarters of outflows

In the third quarter of 2024, South-east Asia's ESG (Environmental, Social, and Governance) funds experienced a significant turnaround, recording net inflows of US$1.2 billion, reversing the trend of outflows seen in the previous two quarters. This positive shift was driven by increased investor interest in sustainable investments, particularly in Singapore and Malaysia, where ESG considerations are becoming more integral to investment strategies. The resurgence in ESG fund investments reflects a broader global trend towards sustainability, with investors increasingly recognizing the long-term value and risk mitigation offered by companies with strong ESG practices. Despite global economic uncertainties, the region's commitment to sustainable development goals and regulatory support for ESG investing have bolstered confidence among investors.

Read the Full Business Times Article at:
[ https://www.businesstimes.com.sg/esg/south-east-asia-esg-funds-record-net-inflows-q3-2024-reversing-two-quarters-outflows ]