Asset Managers

SFDR clarity welcomed but greenwashing fears linger

Green EU flags at the European Commission's Berlaymont building in Brussels. Photo: EC.
Some long awaited regulatory clarity on ESG and sustainability requirements for fund and asset managers appears to have reduced the state of confusion that had led to a downgrade of approximately 270 billion euro in assets under management last year. Yet, some specialists believe that claims of greenwashing that have plagued the industry in the last year are at serious risk of continuing.
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