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SRI/ESG Bond Funds start May with record inflows

Equity Funds with socially responsible (SRI) or environmental, social and governance (ESG) mandates have ridden out the volatility triggered by the COVID-19 pandemic, posting only one weekly outflow year-to-date and outperforming their non-SRI/ESG peers. Fixed income investors appear to have taken notice. EPFR-tracked SRI/ESG Bond Funds chalked up a new inflow record during the first week of May as they extended their current streak to six weeks and $5.4 billion.

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