HL sees drop in ESG funds flows in Jan 22

Hargreaves Lansdown has said ESG funds flows dropped sharply in January as a result of market turbulence.

Net inflows into the HL fund platform were down 115% on January 2021, although January last year represented a record month for ESG inflows. A decline in global stocks and interest rate uncertainty accounts for much of the decline, say HL. The top funds for £ inflows were the Aegon Ethical Equity Fund followed by the BNY Mellon Sustainable Real Return and Fundsmith Sustainable Equity funds.

Net flows into ESG funds on HL platform – YoY % 
Jan-16 Base Year
Jan-17 -27%
Jan-18 753%
Jan-19 -58%
Jan-20 3082%
Jan-21 115%
Jan-22 -115%