Fixed-income SRI in the form of green bonds is on the rise, but beware the changing regulatory environment, a small market, and the potential for "green washing."

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More than $7 billion has poured into exchange-traded funds tracking emerging market stocks and bonds this year through Feb. 19.

The record of the Jan. 31-Feb. 1 meeting, at which officials voted to leave the target range for the federal funds rate unchanged, is scheduled to be released Wednesday at 2 p.m. in Washington.

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Positive flows into emerging-market funds continues, buoyed by India and Russia.

Although Europe equity funds recorded modest gains, fears that fresh turmoil in the Eurozone is one election or debt negotiation away stopped investors from chasing recent market gains.

U.S. and emerging-market fixed-income funds continued to pull in new money over the past week, in spite of fears U.S. Fed will raise rates sooner than expected. Informa Macro Strategist David Ader predicts a March rate hike is off the table.