Asset allocations

Morningstar: 'Green' funds to outpace 'grey' by mid-2022

Protest sign 'break free from fossil fuels'. Photo via Unsplash.

European mutual funds that promote green investments saw assets increase by some 22 percent in the fourth quarter, to more than 4,000 billion euro, and will overtake traditional 'grey' assets in terms of asset volume no later than the summer of 2022, Morningstar said in a research report on the effects of the SFDR sustainability regulation introduced last year.

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