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A new administration has asset managers hopeful for progress on a longtime issue: ESG data.
Biden is expected to take on topics like climate change, which the industry believes could usher in more ESG growth.
But "ESG" has no clear-cut definition, and investors say smartly analyzing data must be part of the equation.
A new administration, including a passionate new head of the Securities and Exchange Commission, Gary Gensler, has the asset management industry hopeful for meaningful progress on a longtime issue: data for environment, social, and governance-focused funds.