Anti-ESG bill passes Senate as Biden threatens first veto

The Democratic-led US Senate voted to block a Labor Department sustainable investing rule, marking a victory for Republicans in their crusade against “woke” capitalism and teeing up President Joe Biden’s first veto.

By Laura Litvan and Diego Areas Munhoz / Bloomberg

The heavily Republican vote was 50-46 to end the Biden administration rule, which would allow retirement plans to weigh climate change and other environmental, social and governance issues in their investment decisions.

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Hedge funds balk at major ESG intervention planned in Europe
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Anti-ESG bill passes Senate as Biden threatens first veto

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Hedge funds balk at major ESG intervention planned in Europe

Beslik fund wins Japanese ESG award

Sign up for our newsletter

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager