The European Securities and Markets Authority (ESMA) has evaluated how its guidelines for ESG-related fund names affect the EU fund market.
The European markets regulator has outlined how tougher rules on ESG naming are changing how investment funds are labelled, as managers adjust products to meet stricter standards, according a study it released on 17 December. ESMA said the guidelines form part of a broader effort to strengthen sustainable finance rules The assessment centered on a set of guidelines Esma released in May 2024 in which it examined the use of ESG or sustainability-related terms in fund names. The ana