Early responses to new MiFID II assessment suggest clients are less enthusiastic about sustainability than expected

After nearly one month of assessing clients’ sustainability preferences, BankInvest has collected the responses, and they are not what the Danish fund manager had expected.

Lars Bo Bertram, CEO at BankInvest and Thorsten Meyer Larsen, Head of ESG at BankInvest. | Photo: PR/Bankinvest

Since the beginning of August, investment advisors have had to ask a new set of questions when meeting with their clients. The new MiFID II regulation requires that managers assess whether client investments match their sustainability preferences.

This means asset managers need to know how their clients feel about sustainability so they can offer them appropriate products.

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