ESG fund claims disappointing, vague, but not misleading: FMA
Regulator talks up possible action following review of 14 ESG-style funds.
Hamish McNicol
Thu, 28 Jul 2022
Regulator talks up possible action following review of 14 ESG-style funds.
The Financial Markets Authority is anticipating complaints and says it will take action where it finds gaps between rhetoric and reality following a review of ethical investing claims in managed funds.
And the Responsible Investment Association Australasia says the regulator’s report shows fund