European investors denounce latest sustainable fund name rules

Sian Barnett Wike
clock • 2 min read

The European Fund and Asset Management Association has criticised the European Securities and Markets Authority's latest guidelines for ESG fund names. Under ESMA's proposed regulations, for a fund to use "any ESG-related words" in its name, at least 80% of its holdings must be "used to meet the environmental or social characteristics or sustainable investment objectives".  FCA consultation closes: Respondents raise concerns over SDR labelling proposals While EFAMA has shared its support for "setting common rules", its feedback to the watchdog urges that ESMA "delays [its] proposed...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?