ESG fees stall as managers battle sustainable fund slowdown – Financial News

Last year’s modest revenue growth from ESG funds failed to match the hefty increases of former years.

Asset managers have taken a hit from the growing backlash to ESG investing, as fees stall across the industry.

The year-on-year increase in fees generated by green investments is at its lowest since the sustainable boom kicked off during Covid, according to estimates provided exclusively to Financial News by Fitz Partners.

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