BMO GAM: Impact investing may be mere marketing ploy for some
More and more products carrying the label "impact" are popping up in the asset management landscape. But a look under the hood reveals some are simply hurriedly relabeled products without much social or environmental impact. Meet Director Yo Takatsuki from BMO Global Asset Managers, who raises a warning flag on relabeled funds and "impact washing".
ESG and sustainable investing are now understood by all in asset management, and responsible investing is also a widely-used term. Impact investing, however, is a new kid on the block.
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