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European sustainable funds more than doubled in 2019 - "Interesting to see whether asset managers in other regions follow Nordic example"

Sustainable funds became even hotter among European investment groups last year. Innovation is blooming and investments in sustainable products reached new record-high, according to Morningstar data.

Solar cell plant. | Photo: SustainSolutions//PR

A record EUR 120 billion was ploughed into European sustainable fund products last year, more than double the EUR 48.8 billion of net inflows gathered in 2018, reports the Financial Times based on data provided by Morningstar.

According to the newspaper, sustainable funds have become one of the hottest areas for innovation by European investment groups.

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