ESG funds have USD 800m stuck in Russian government bonds

The Russian government owes around USD 800m to ESG funds, which Putin has threatened to repay in rubles.
Photo: Silas Stein/AP/Ritzau Scanpix
Photo: Silas Stein/AP/Ritzau Scanpix

Investments in Russia have proved to be a huge stumbling block for ESG funds, Bloomberg reports.

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