Request Free Trial
April 24, 2024

SFDR uncertainty likely to limit increase in Article 8 funds in 2024, says Fitch

Under the SFDR, Article 8 funds must promote environmental and social characteristics, while Article 6 funds do not need to build sustainability into their investment approaches © Chris J Ratcliffe/Bloomberg
Under the SFDR, Article 8 funds must promote environmental and social characteristics, while Article 6 funds do not need to build sustainability into their investment approaches © Chris J Ratcliffe/Bloomberg

Market uncertainty and the conversion of many Article 6 funds to Article 8 status may limit further upgrades or fund launches, says rating agency Fitch

Fears about misinterpreting rules designed to prevent the greenwashing of European funds are likely to constrain the introduction of new Article 8 funds under the EU’s Sustainable Finance Disclosure Regulation this year, says rating agency Fitch.

To continue reading

Request Free Trial
  • Unlimited access to all content
  • Email alerts highliting key industry insight.
  • Invitations to attend exlusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines
Already a subscriber?Log in
A service from the Financial Times