Fee Income From ESG Funds is on the Rise –

Rising fee income from ESG funds was a bright spot in an otherwise bleak year for asset managers.

Asset managers saw fee income from sustainable bond and equity funds multiply in 2022, with the former generating the largest revenue increase in percentage terms, and fee income swelling 384 percent to $215 million, according to a Fitz Partners estimate for «Financial News» (behind paywall).

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