Monthly Sustainable Assets Under Management Reach $280.7 Billion
Sustainable funds, including mutual funds, exchange-traded funds (ETFs) and exchange-traded notes (ETNs), a total of 956 funds/share classes, ended the month of April with $280.7 billion in assets under management (AUM). This represents an increase of $8,685 million or 3.2% relative to March 31, 2018 and a gain of $30.3 billion since December 31, 2017. The number of funds ticked up by 47 versus 909 funds last month. The increases in the number of funds and assets is largely attributable to the repurposing of seven Morgan Stanley managed institutional funds (39 share classes) with $8,177.8 billion in assets. Refer to Chart 1.
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