UK ESG fund labels seen as poor example for SFDR 2.0

Hortense Bioy, global director sustainability research at Morningstar. Photo: Morningstar.
Hortense Bioy, global director sustainability research at Morningstar. Photo: Morningstar.
The United Kingdom’s new ESG fund labels have struggled to gain traction. As Brussels prepares an overhaul of the Sustainable Finance Disclosure Regulation (SFDR), a senior Morningstar expert warns Europe not to copy London’s model.
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