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Hot Topic Hawke’s Bay
General Business
4 mins to read
5

ESG fund claims disappointing, vague, but not misleading: FMA

Regulator talks up possible action following review of 14 ESG-style funds.

The FMA’s review did not assess if there was 'greenwashing' going on in the 14 funds it selected.

Hamish McNicol Thu, 28 Jul 2022

The Financial Markets Authority is anticipating complaints and says it will take action where it finds gaps between rhetoric and reality following a review of ethical investing claims in managed funds.

And the Responsible Investment Association Australasia says the regulator’s report shows fund

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Hamish McNicol Thu, 28 Jul 2022
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Paul Gregory FMA Simon O'Connor RIAA greenwashing responsible investment fund management
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