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Are defence stocks ESG? Fund managers are divided
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The brutal war being fought in Ukraine has thrown up a dilemma for the world's fund managers: whether or not defence stocks should be classed as sustainable investments.
The pandemic and last year's COP26 summit have catapulted environmental, social, and governance investing up the agenda, as asset managers vie for a slice of a growing market in investments designed to tackle global issues such as social inequality and climate risk.
But...
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