Europe’s fund managers hit by ESG doubts


LONDON: Shareholders are treating European asset managers with caution amid signs the industry is facing a regulatory crackdown on its claims around environmental, social and governance (ESG) investing, according to a fresh analysis.

The share prices of asset managers in Europe “have unexpectedly disconnected” from their estimated earnings, according to Mandeep Jagpal, an analyst at RBC Capital Markets in London.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Malaysia eyes broader cooperation with Turkmenistan during Anwar's visit
New Zealand's economy perks up in Q1, eyes on Iran war impact
Ringgit opens easier against US dollar
SunCon's Johor data centre substation contracts rise to RM865.6mil
FBM KLCI advances above 1,720 amid cautious optimism
Trading ideas: Vantris Energy, Scanwolf, HexTech, Widad Group, Beshom, MRCB, LAC Med
Wall Street sinks on bets Fed will hike rates this year
Vehicle sales forecast to increase in 4Q26
HSBC, Google AI tie up to add US$100mil gains
Core market expansion still focus of 99 Speed Mart

Others Also Read