Asset Managers · Sustainability

‘Great Reclassification’ among ESG funds not yet over

‘Great Reclassification’ among ESG funds is not over yet

Even after 40 percent of the EU’s most sustainable fund assets was downgraded during the fourth quarter, managers of investment funds with an outspoken sustainability profile are still not sure whether their funds meet the requirements for ESG investments under the EU’s Sustainable Finance Disclosure Regulation.

Further downgrades are expected during the coming months.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.