‘21% of European open-ended funds promote sustainability'

More than a fifth of European Ucits funds claim to be compatible with Article 8 or 9 of the new European Sustainability Regulation SFDR in their prospectus. ‘Interpretation of the definitions varies greatly, with some managers taking a much looser approach than others,’ notes head of sustainability research at Morningstar Hortense Bioy in conversation with Investment Officer.
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