ESG & Investing
BlackRock Sees 30% Jump in Flows to Suite of Climate ETFs
The nine funds that track EU-regulated climate transition benchmarks attracted $2.7 billion this year as of mid-June.
Photographer: David Paul Morris/Bloomberg
This article is for subscribers only.
BlackRock Inc.’s greenest exchanged-traded funds have seen a 30% increase in inflows as investors seek out the most credible ESG products amid a wider cooling toward the industry.
The nine ETFs, which have tracked EU-regulated climate transition benchmarks since October, attracted a net $2.7 billion this year as of mid-June, bringing the total amount held in the funds to $11.6 billion, BlackRock said.