China climate-focused funds saw higher inflows, but fewer launches last year: Morningstar
Climate-focused mutual funds in China saw a decline in assets and product launches last year despite an uptick in inflows, with the funds prone to huge volatility because of speculative trading, according to Morningstar. Assets of mutual funds and exchange-traded funds (ETFs) with a climate-related mandate in China, the world’s largest emitter of greenhouse gases,