Industry News: ESG

Backlash Against ESG Seen in Sharp Decline of Fund Launches

Written by ESG | 22-Jul-2024 1:38:14 PM

2024-07-18

Yahoo Finance: At some of the world’s biggest asset managers, ESG fund launches are quietly stalling. BlackRock Inc., Deutsche Bank AG’s DWS Group, Invesco Ltd. and the asset management arm of UBS Group AG are among firms that have cut the number of new funds with environmental, social and governance mandates, according to data provided by Morningstar Direct.

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