With less than three months for asset managers to comply with the 2 December deadline for the Sustainability Disclosure Requirements naming and marketing rules, there is palpable nervousness across the industry.
It's been a month since the voluntary implementation of the four new labels came into force, and only WHEB AM and AEW have publicly disclosed their intention to adopt one of the labels for their funds. At the same time, an equal number of vehicles said they're planning to drop ‘impact' and ‘sustainable' from either their name or investment objective in response to SDR, namely Premier Miton Global Renewables and Impact Healthcare REIT. Over 1,200 funds face SDR compliance 'challenges' as deadline looms With around 300 funds estimated by Morningstar to opt for SDR label by the end of...
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