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Why overly prudish ESG-focused pension funds could suffer

Pension funds wrestled with ESG responsibilities risk having a detrimental long-term effect on their returns if they make too many ethical exclusions in the short term.
Why overly prudish ESG-focused pension funds could suffer

With environmental, social, and governance (ESG) concerns increasingly at the top of investors’ minds, questions are arising about how much sustainable investment funds should respond to some pension members’ desire to exclude companies they dislike.

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