March 4, 2026
Fund

Global Sustainable Fund Flows: Investor Appetite Remains Muted


Meanwhile, the United States continued to experience net withdrawals for the 12th consecutive quarter, though the total was slightly lower at USD 5.1 billion in the third quarter, compared with the restated USD 5.8 billion in the previous quarter.

Flows into Asia ex-Japan rose to USD 902 million, up from a restated USD 811 million in the previous quarter, signaling continued investor interest in the region. Japan, by contrast, saw outflows of USD 840 million, reflecting a sustained retreat from sustainable strategies as the country registered its 13th consecutive quarter of outflows.

Canadian investors maintained their momentum, channeling net new money into sustainable funds, with inflows surging to approximately USD 700 million — a sharp increase from the restated USD 146 million in the prior quarter. Australia and New Zealand also showed signs of recovery, reversing the previous quarter’s outflows with combined net inflows of USD 268 million.



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