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Scandals which include just one at German asset manager DWS — which agreed to pay for $19mn to your US securities regulator within a greenwashing probe following getting accused of creating “materially deceptive statements” — have also strike appetite with the sector.
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“Guiding the curtain, there'll be considerably far more effort by traders to know environmental and social dangers,” he stated. “That may continue to grow, and I actually don’t treatment an excessive amount if we go on to simply call it ESG.”
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