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Scandals which include 1 at German asset manager DWS — which agreed to pay $19mn for the US securities regulator in a very greenwashing probe right after becoming accused of creating “materially misleading statements” — have also hit hunger for the sector.
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But she additional some investors continued to go after ESG aims in independently managed accounts which were not automatically captured by fund circulation figures.
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Sharp curiosity level rises by central banking companies in 2022 to battle inflation, meanwhile, punished significant-growth technology providers, read more which are typically favoured by ESG cash over oil and gasoline firms.
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