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In 2019, McDonalds in the UK was accused of greenwashing as their “eco-friendly” paper straws could not be recycled whereas their axed plastic straws could be. The Financial Conduct Authority’s latest consultation wants to make sure, something similar does not occur in the financial sector.
Private equity is a recurrent topic in the world of advisers as it has tended to invest in consolidators in recent years. Yet it is also seen as a controversial investment class. Amundi Asset Management chief investment officer Vincent Mortier likened private equity to “Ponzi schemes” in a presentation in June 2022.
The Russian invasion of Ukraine that begun three weeks ago has plunged Europe into the first full-scale war on the continent since the Yugoslav wars of the 1990’s.