Actively managed funds ‘bleed’ client cash


For 11 of the past 12 quarters, clients have redeemed cash from actively managed funds registered as “promoting” ESG goals. — Bloomberg

COPENHAGEN: A long-held truism of environmental, social and governance (ESG) is being challenged, namely the idea that the strategy is best-suited to active fund management.

For 11 of the past 12 quarters, clients have redeemed cash from actively managed funds registered as “promoting” ESG goals, otherwise known as Article 8 under European Union (EU) regulations.

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

Next In Business News

Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job
MNC Wireless to fund digital push with rights issue

Others Also Read