ESG Fund Chaos Angers Investors as Greenwashing Concerns Mount.

That's after the EU's guidance that Article 9 funds must hold 100% sustainable investments, save for hedging and liquidity requirements, wrong-footed much of the asset management industry. (Bloomberg) -- The head of Europe's main retail investor organization will meet with regulators and legislators to convey concerns that a wave of ESG fund downgrades has left savers worried that their money is exposed to greenwashing. [Extracted from the article]