Industry News: ESG

Cash Investors Trigger $29 Billion Spike in ESG-Lite Funds

Written by ESG | 21-Nov-2022 8:22:57 PM

2022-11-16

Yahoo Finance: The about-face came as UK pension managers reallocated funds in response to the economic shock triggered by the proposed reforms under then prime minister, Liz Truss. Much of that cash made its way into money-market funds that carry the EU’s weakest ESG designation, known as Article 8.

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