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Sharp desire rate rises by central financial institutions in 2022 to combat inflation, meanwhile, punished higher-progress technology corporations, which are generally favoured by ESG money over oil and gasoline organizations.
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“US ESG flows are detrimental, and it is most likely a testimony to what is happening during the context with the US with a really polarised and politicised debate all around it which has frozen the conduct on that front,” stated Elodie Laugel, Main liable financial commitment officer at Amundi, which is the next-greatest sustainable fund manager globally after BlackRock.
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