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Investors pull billions from ‘light green’ funds, but managers claim it’s an ESG ‘red herring’
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Investors have pulled billions from Europe’s 'light green' funds, according to latest flows data, suggesting some ESG products are falling out of favour.
Sustainable funds have been among European asset managers’ best-sellers in recent years, with a new EU framework introduced almost 18 months ago further accelerating flows into ESG products.
But...
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