Assets invested in sustainable funds in Germany have for the first time overtaken the €100 billion mark.
According to the German funds trade body BVI, around half of these assets are invested in retail funds.
In the first half of 2020, sustainable funds in Germany saw net inflows of €7.2 billion. During the same time period, non-sustainable funds recorded outflows of €3.4 billion.
BVI chief executive Thomas Richter said: “The trend towards sustainable investments is unbroken in Germany. To ensure that this trend will continue, we advocate regulation that strengthens rather than weakens it.”
“Sustainability regulation must provide clear standards and prevent green laundering.”
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