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Fund managers call lawyers over ESG jitters as greenwashing fears mount
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fnlondon.comAsset managers are getting anxious about increased attention regulators are paying to their sustainable investment claims, sparking an uptick in queries to legal experts from those firms worried about potential enforcement action or mis-selling claims.
Lawyers say they've noticed an increasing number of queries from fund management clients in the wake of two regulatory probes into DWS, after a whistleblower raised concerns about some of the ESG credentials the asset manager touted in its 2020 annual report.
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