Switch to ESG indices has not pleased all European investors.
“Not all professional fund buyers are happy with passive funds being repurposed as sustainable.”
[COMMENTARY] When funds switch their goals, it’s easy to understand that current holders of those funds might feel cheated. Ethically, shouldn’t the fundholders have a voice in such matters?
Switch to ESG indices has not pleased all European investors, by Ed Moisson, January 19, 2022, Financial Times, UK.