ESG Funds Had $8.3 Billion in Russia Assets Right Before War

AJ Gonzalez | March 9, 2022

Bloomberg, By and , Updated on

  • Fund managers touting environmental, social and governance standards held at least $8.3 billion in Russian assets
  • 4,800 ESG funds representing more than $2.3 trillion in total assets. Of those, about 300 were directly exposed to Russia
  • Money managers are already writing down Russia bets to zero

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