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Hedge Funds Look Set to Win Another Exemption From EU ESG Rules

Hedge Funds Look Set to Win Another Exemption From EU ESG Rules
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Hedge Funds Look Set to Win Another Exemption From EU ESG Rules Hedge funds are set to be excluded from a requirement that would force investment managers in Europe to categorize whether their products are ESG or not. The proposal put forward by Cyprus, which holds the European Union’s rotating presidency, recommends that alternative asset managers selling to professional investors be freed from the rules, according to a draft document seen by Bloomberg.

Hedge Funds Look Set to Win Another Exemption From EU ESG Rules Hedge funds are set to be excluded from a requirement that would force investment managers in Europe to categorize whether their products are ESG or not. The proposal put forward by Cyprus, which holds the European Union’s rotating presidency, recommends that alternative asset managers selling to professional investors be freed from the rules, according to a draft document seen by Bloomberg.
EU ESG (ORG) Europe (LOCATION) ESG (ORG) Cyprus (LOCATION) the European Union’s (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →