Asset managers are updating bond models to capture a new risk mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
ENVIRONMENTAL, social and governance (ESG) bonds tied to debt swaps arranged by Credit Suisse and Bank of America Corp (BofA) are being reclassified by the fund managers buying them, in a move they say is needed to protect their investment clients from mislabelling.
Some of the world s biggest green investors say they are struggling to understand the U.K. government s stated intention to wind back key climate commitments.