全球ESG基金2025第二季度市场点评：市场流量快速反弹，监管影响见底出清

Group 1: Market Performance - Global ESG funds recorded a net inflow of $4.9 billion in Q2 2025, rebounding from a net outflow of $11.8 billion in the previous quarter[2] - The European market saw a net inflow of $8.6 billion, reversing a previous outflow of $7.3 billion[16] - The total market size of global ESG funds surpassed $3.5 trillion, marking a 10% increase from $3.2 trillion at the end of Q1 2025[11] Group 2: Regulatory Impact - In Q2 2025, 595 funds changed their names due to compliance with the EU Sustainable Fund Naming Regulation, setting a historical record[18] - Over the past 18 months, the total affected fund size exceeded $1 trillion, with at least 1,346 funds changing their ESG-related names[3] Group 3: Regional Insights - The Asia-Pacific market (excluding Japan) recorded a net inflow of $2 billion, with 41 new ESG funds launched[4] - Japan ended 11 consecutive quarters of net outflows, achieving a net inflow of $1.3 million, primarily driven by passive ESG products[4] Group 4: Risks and Considerations - Economic recovery may fall short of expectations, impacting corporate earnings and sustainable investment[5] - Uncertainty in ESG-related policy implementation could dampen investor confidence and market competition[5]