Environment Funds May See A Surge
Outlook Money|July 2020
The world post COVID-19 is likely to see a paradigm shift. We may soon see sustainability and responsible investment gaining importance in the asset management industry
Himali Patel
Environment Funds May See A Surge

First, your worst nightmare came true. Like other global indices, the BSE Sensex plunged. And then, there was some good news. From its low of 25,381 on March 23, 2020, it recovered 60 per cent of its losses over the next three months. Now, there’s better news. Worldwide, as also in India, certain funds, dubbed ESG or “sustainable” ones, showed “resilience” during the sell-off triggered by the COVID-19 pandemic. In terms of both assets and inflows, these funds performed better than the global universe.

Towards the end of March 2020, the assets of sustainable funds, which focus on companies that rank high on Environmental, Social, and Governance (ESG) issues, were down 12 per cent from their all-time high at the close of 2019. According to a May 2020 report by Morningstar, this was lower than the 18 per cent decline for the global universe of all the funds. The sustainable funds “pulled in $45.6 billion in the first quarter of 2020” compared to “an outflow of $384.7 billion for the overall fund universe”.

In Asia, and specifically in India, the ESGs performed better than in Europe and North America. “Bolstered by new fund launches”, their assets in Asia (minus Japan) went up by 21 per cent. The report stated that “Indian (ESG) funds experienced record inflows of $507 million in first-quarter 2020”. Clearly, there is a huge investor interest in sustainable funds. At present, there are seven such funds in India with combined assets of $1 billion. Globally, there are almost 3,300 ESGs with assets of almost $840 billion.

Bu hikaye Outlook Money dergisinin July 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Outlook Money dergisinin July 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

OUTLOOK MONEY DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Tax Reforms: What's In Store?
Outlook Money

Tax Reforms: What's In Store?

The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms

time-read
10+ dak  |
October 2024
5 Questions That Will Lead You To The Right Financial Planner
Outlook Money

5 Questions That Will Lead You To The Right Financial Planner

Choosing a financial planner is not as easy as it may seem. Besides the right credentials, you should also consider things like the kind of services you will be needing-tax advisory, estate planning-as well as the fee structure. Here are five questions that will help you choose the right planner

time-read
6 dak  |
October 2024
Health Insurance Sub-Limits
Outlook Money

Health Insurance Sub-Limits

Sub-limits in health insurance are restrictions placed by the insurance company on the SP maximum amount they will pay for specific expenses that are part of the total hospital bill.

time-read
2 dak  |
October 2024
Delayed Gratification, Humility, Understanding Inflation And Risks Key To Financial Success
Outlook Money

Delayed Gratification, Humility, Understanding Inflation And Risks Key To Financial Success

The journey to financial success is continuous, requiring patience, education, and disciplined decision-making.

time-read
2 dak  |
October 2024
Avoiding Common Pitfalls through Asset Allocation and Multi-Asset Investing
Outlook Money

Avoiding Common Pitfalls through Asset Allocation and Multi-Asset Investing

Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.

time-read
2 dak  |
October 2024
Mutual Funds for Financial Growth
Outlook Money

Mutual Funds for Financial Growth

Mutual funds allow you to invest in small amounts and seize the compounding growth, and experts help tackle volatility and asset allocation, making them a potent tool to create wealth.

time-read
2 dak  |
October 2024
Multi-Asset Investing is The Financial Equivalent of A Well-Balanced Diet
Outlook Money

Multi-Asset Investing is The Financial Equivalent of A Well-Balanced Diet

Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.

time-read
2 dak  |
October 2024
Theme and Triumph: How Thematic Funds Can Boost Your Bottom Line
Outlook Money

Theme and Triumph: How Thematic Funds Can Boost Your Bottom Line

Thematic funds target high-growth opportunities in various industries and economic sectors, allowing investors to participate in future-focused segments to generate long-term returns.

time-read
2 dak  |
October 2024
Wealth Creation Through SIP - The Slow & Steady Road to Success
Outlook Money

Wealth Creation Through SIP - The Slow & Steady Road to Success

For investors seeking to create long-term wealth, SIPS are a powerful tool that enables regular, disciplined investments to generate compounding returns.

time-read
2 dak  |
October 2024
Tuition Fee Varies Among Countries
Outlook Money

Tuition Fee Varies Among Countries

I am 22 years old and have recently started working in a software company.

time-read
2 dak  |
October 2024