Amundi $48 Billion in ESG Fund Downgrades Exposes Holdouts
A wave of downgrades triggered by stricter regulatory guidance has exposed significant variations in how investment firms are interpreting rules for the European Union’s top environmental, social and governance fund class, known as Article 9. Amundi says it's stripping the label from almost all its funds, effective this month.
Source: bnnbloomberg.caPublished on 2023-01-13
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