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DC Asset Managers Continue ESG Efforts Despite DOL Proposal
Pensions & Investments
Oct. 2, 2020 "Roughly half (48%) of defined contribution investment-only asset managers say a new proposal from the [DOL] concerning environmental, social and governance investing will be a significant barrier to adoption of ESG products in DC plans ... But the proposed regulation is not slowing down marketing and distribution efforts promoting DC-focused ESG products, as 56% of DCIO asset managers expect to increase these efforts during the next 12 months[.]" |
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