Asset Management

Sanctions may be the next ESG nightmare if Russians are ‘cut off to the point that they starve’

ESG can be sold as all things to all people. That's a big problem, say experts

Fund managers have so far put little focus on the fallout for ordinary Russians
Fund managers have so far put little focus on the fallout for ordinary Russians Photo: Getty Images

Russia may be the next hurdle for ESG fund managers.

Crippling Russia via economic sanctions is a key goal of the West. But the fallout for ordinary Russians is so far an asset management afterthought.

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