Investment flows towards EU ESG UCITS funds surged last year. Article 8 and Article 9 funds reached EUR 6.2tn at end-2023, an increase of EUR 1tn year-on-year, and assets under management (AUM) are now projected to reach over EUR 9tn ($9.8tn) by 2027, revealed a study.

According to the report by PwC Luxembourg, since the implementation of the SFDR in 2021, there h