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Dutch investor is parting ways with several equity and credit managers, with engagement and voting behind some decisions.
Most major US asset managers have now left the collaborative engagement initiative.
Big names back ESG and corporate governance standards proposed by local asset manager association.
Spring to draw on existing standards rather than creating new benchmark, as number of engagers grow and new teams are formed.
Total number of announced labels stands at around 30, while leading manager confirms plans to drop 'sustainable' from fund names.
The latest developments in sustainable finance: New Zealand RI market sees double-digit growth; CSSB publishes Indigenous feedback on sustainability standards.
 (1)-80x80.png "People & Appointments: Franklin Templeton head of stewardship exits")
The latest ESG movers and shakers: Kong joins Gresham House as sustainable investment director; Schramade steps down from Schroders.
Regulator flagged issues with five Article 8 funds after on-site inspection.
The local authority fund has also tabled new exclusions around 'sin stocks'.
The EU is under pressure to reduces the costs of regulatory compliance and boost competitiveness.