COP26 Drives Record $2 Bln Inflows Into UK Based ESG Funds In November Calastone

LONDON (Reuters) - UK-based environmental, social and governance (ESG) equity funds saw a record 1.5 billion pounds ($2 billion) in inflows in November as COP26 climate talks spurred investor interest in sustainability, according to funds network Calastone.

FILE PHOTO: Delegates at the UN climate summit in Glasgow © Reuters/YVES HERMAN FILE PHOTO: Delegates at the UN climate summit in Glasgow UN Climate Change Conference (COP 26) in Glasgow © Reuters/YVES HERMAN UN Climate Change Conference (COP 26) in Glasgow

The climate summit in Glasgow, Scotland, in the early part of last month led to a deal to phase down the use of coal, the biggest source of global warming.

"ESG continues to capture investor imagination," said Edward Glyn, head of global markets at Calastone.

"When investors have cash to add, they add it to ESG, and any impulse to sell is felt by other categories."


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Source : https://www.msn.com/en-gb/money/other/cop26-drives-record-dollar2-billion-inflows-into-uk-based-esg-funds-in-november-calastone/ar-AARAQfn

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COP26 drives record $2 billion inflows into UK-based ESG funds in November-Calastone

Source:MSN

COP26 drives record $2 billion inflows into UK-based ESG funds in November-Calastone

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COP26 drives record $2 billion inflows into UK-based ESG funds in November-Calastone

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COP26 drives record $2 billion inflows into UK-based ESG funds in November-Calastone