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Fund selectors 'considering walking away' from SDR labels as compliance burden mounts
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According to the ESG data provider, fund selectors are «considering walking away from the labels» due to the scale and costs required to comply with the regulation. Asset managers face SDR implementation challenges as deadlines approach One of the biggest challenges has been the need for asset managers to document and evidence in detail their investment policies, according to the firm's managing director Neill Blanks. «No one is finding it plain sailing,» he said, as many asset managers will be forced to hire independent advisers and/or increase their resources to deal with the spe...
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