US sustainable funds see positive inflows for first time since 2022: Morningstar

U.S. sustainable funds returned to positive territory during the second quarter with nearly $3 billion in net inflows, reversing a prolonged downturn that had lasted more than three years. The inflows represented a 0.8% organic growth rate for sustainable funds domiciled in the country. This marked the first time since 2022 that the sector had experienced net inflows rather than withdrawals.
Despite the gains in sustainable funds, conventional funds continued to demonstrate stronger investor de