Amova Asset Management Discusses Headwinds in Sustainable Investing
What happened
Steve Williams, head of fixed income at Amova Asset Management, commented on the challenges facing sustainable assets during a recent industry discussion. He noted that ESG-focused funds recorded net outflows of £4.8bn in 2023 and £3.5bn in 2025 alone. Williams argued that while the backlash against ESG was noticeable, it was primarily concentrated in the equity space, not the fixed income universe.
Why it matters
The pullback from sustainable funds has continued into 2026, with responsible funds reportedly shedding money each month. This trend contrasts with the performance of the ICE BofA Green Bond index, which was up 7.7% over three years, compared to only 3.1% for the common global bond index.
Who's involved
- Steve WilliamsResearcher commenting on trends in sustainable and fixed income markets.
- Amova Asset ManagementInvestment company whose head of fixed income is featured in the discussion.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Amova Asset ManagementSpeculative
The company might face increased scrutiny regarding the performance and viability of its sustainable investment offerings.
Keep exploring
The entities involved
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Texas
state of the United States of America
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Amova Asset Management
Japanese multinational investment company
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