"A large universe" of green, social and sustainable bond funds could be classified as Article 9 funds, despite currently being classified as Article 8, according to a report from MainStreet Partners. "The increased regulatory focus has led, rightly so, to asset managers being cautious in how they present their own ESG credentials," the fourth quarter trends report stated. MainStreet Partners said one of the main challenges for Article 9 funds is that a manager must explain how a fund follows its sustainability profile. The report found that funds that are confident in their susta...
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13 December 2024
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1 min read
