
Mutual fund investments support green transition – BIS paper
Study of the impact of news on investment flows finds funds are not guilty of “greenwashing”

Mutual funds are acting as a conduit to transmit capital to greener companies, with flows increasing when major news on climate change breaks, research published by the Bank for International Settlements finds.
The working paper examines the “proliferation” of green mutual funds, which claim to allocate capital to firms that are more environmentally friendly and less exposed to climate risks. Some of these funds have been accused of “greenwashing”, or making assets appear greener than they really
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