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A lot of cash happen to be hit via the bad general performance of sectors including clear Vitality, although they've also skipped out on strong returns from fossil fuel companies they actively avoided.

“US ESG flows are damaging, and it is probably a testimony to what is going on from the context from the US with website a really polarised and politicised discussion around it which has frozen the conduct on that entrance,” stated Elodie Laugel, chief liable financial commitment officer at Amundi, that's the 2nd-largest sustainable fund manager globally immediately after BlackRock.

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