BNY Mellon fined $1.5m for ESG ‘mis-statements’
Watchdog warns firms it will hold them accountable for inaccurate descriptions of products
Watchdog warns firms it will hold them accountable for inaccurate descriptions of products
But more than half say their adviser has not brought up the topic
75% of IFAs report increase in number of clients asking for sustainable investment options
To help retail investors, advisers and wealth managers allocate capital according to their principles
But they lament the complexities around sustainable strategies
But they want more advice and clarity on how to invest sustainably
To set up a course designed to meet demand in the investment industry
However green products in most regions held up better than conventional market
Only 5% are currently investing in environmental, social or governance products
‘There is a reluctance to sacrifice investment performance or pay higher fees’
Clients will be able to invest in green bonds, renewables and energy transition
It provides access to companies in Europe, Australasia and Far East