The equity of ASG funds in Spain grows 17.38% until June and exceeds 42,000 million

The equity of ASG funds in Spain grows 17.38% until June and exceeds 42,000 million

The assets of investment funds ASG has increased by 6,305 million euros in Spain during the first semester, 17.38% more, bringing it to 42,574 million euros, according to you. In this way, the equity of vehicles based on environmental, social and good governance criteria would represent 13.7% of the total accumulated by funds in the country.

The credit unions They are the ones that have registered the greatest increase in equity, with 38.08%, followed by independent groups, with 18.17%. Banking entities maintain their leading position by market share, accumulating 38,468 million euros and a share of 90.36%, followed by independent groups, with 8.16%.

Kutxabank Management is the one greater heritage of these vehicles accumulates, by managing 13,515 million, followed by CaixaBank AM Y Santander AM, with 11,576 and 4,926 million euros, respectively. Kutxabank Gestión is also the manager that has registered the greater increase in equity, with 2,149 million, followed by CaixaBank AM and BBVA AM, with 907 and 654 million euros, respectively.

The Kutxabank manager stands out for the number of ESG funds, with 23, followed by CaixaBank AM and Abante Asesores Gestión, with 18 and 10, respectively. Among the international ones, Amundi AM stands out, with 114, followed by BNP Paribas AM, with 111, and JP Morgan AM, with 110.

Type of assets

By type of assets, mixed funds account for 40.08% of equity, with 17,063 million, followed by sector equity funds, which account for 34.18%, and fixed income funds, with 24.85%.

ESG funds with largest increase in equity in the semester with the CaixaBank Master Renta Variable Europa, with 845 million, followed by BBVA Futuro Sostenible ISR, with 435 million, and the Ibercaja Sostenible y Solidario, with 419 million euros.

Refering to distribution by type of asset, 54.21% of international funds are sector variable income, followed by fixed income and mixed funds, with 32.59% and 7.82%, respectively, while among national funds, 41, 67% are mixed, followed by sector variable income and fixed income, with 39.39% and 12.12%, respectively.

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