Biodiversity-labelled funds now top US$3.9bil in total assets, up roughly 45% over the past 12 months, according to data from Morningstar Direct. — Reuters
New York: Funds tracking companies with purportedly strong biodiversity credentials are outpacing other climate-related investments this year, adding to expectations that such products are poised for major inflows.
Biodiversity-labelled funds now top US$3.9bil in total assets, up roughly 45% over the past 12 months, according to data from Morningstar Direct.
