Hello from Miami. I’m here at the iConnections Global Alts conference to moderate a panel on impact investing.

And it is a good time to talk about impact because sustainable investing overall has had a difficult few months. Our colleagues on the climate team dug into the Morningstar numbers for sustainable investing in 2023. Climate-focused funds attracted $37.8bn of new investor money in 2023, compared with a record $151bn in 2021, they reported. Last year was the weakest for net inflows since 2019, when interest in green investments intensified. READ MORE