Bond investors 'at risk of becoming victims of greenwashing'

Investors need to be savvier than ever to avoid greenwashing as the market for green bonds reaches new heights, Aegon Asset Management warned this morning. James Rich, a senior portfolio manager at Aegon Asset Management, said demand for green bonds has soared in the past few years, with global issuance rocketing six-fold from just $38 billion in 2015 to $226 billion last year. In the third-quarter last year, issuance hit a record $85 billion, representing 69% growth year-on-year, according to Bloomberg. While surging issuance means more choice for investors, it also means they have t...