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Nine Investment Must Reads for Week of May 28, 2024

Bloomberg - Hedge Funds Hit by Onerous ESG Rule Turn to Lawyers for Help - Oil (General)

.The sub-section in question the so-called Principal Adverse Impact rule requires investment firms to state whether their actions might in any way harm the environment. U.S. and U.K. hedge funds had thought the rule applied only to products marketed in Europe. But it now seems they must s.

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