Sales and compliance teams at asset managers are at odds over how funds should be marketed under new environmental, social and governance disclosure rules. The Sustainable Finance Disclosure Regulation asset managers to decide whether a fund meets one of three product classification categories and then provide investors with a new disclosure template. Patrick Deasy, Private Equity and Private Investment Funds partner at Goodwin, says a faultline is emerging over whether firms should take the plunge and seek article eight or nine classification. Read the Ignites Europe article here.
In The Press March 10, 2021