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Fund Solutions

Passive Funds Linked to Greenwashing

Reclaim Finance calls for increased anti-greenwashing regulation for fund managers, and collaboration with index providers. 

Asset managers are greenwashing their passive funds, according to new findings by NGO Reclaim Finance.   The report analysed 430 passive funds labelled as “sustainable” by Amundi, BlackRock, DWS, Legal & General Investment Management (LGIM), and UBS Asset Management. It found that 70% of the assessed funds were exposed to companies…

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