Backlash against ESG seen in sharp decline of fund launches

By Alastair Marsh
Published 4 Min Read

Bloomberg Mercury

At some of the world’s biggest asset managers, ESG fund launches are quietly stalling.

BlackRock, Deutsche Bank AG’s DWS Group, Invesco and the asset management arm of UBS Group AG are among firms that have cut the number of new funds with environmental, social and governance mandates, according to data provided by Morningstar Direct

Alastair Marsh

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