ESG bond funds held back for fear of criticizing the United States, study finds – Financial Times

ESG bond funds held back for fear of criticizing the United States, study finds – Financial Times

The reluctance of fund managers to criticize Western governments, especially that of the United States, is holding back the development of “sustainable” government bond funds, research shows.

While corporate bonds can be rated using an ESG rating system similar to that used for equities, “there are still question marks on how best to assess public debt, where there is. a fine line between doing…

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