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Major ETF Provider Shifts Away from ESG Focus to Boost Investment Flexibility
Globe, Friday, 29 November 2024.
In a significant market trend shift, Middlefield Limited announces the reduction of ESG constraints for two major ETFs. This strategic move, following similar actions by BlackRock and JPMorgan, aims to expand investment opportunities and potentially enhance returns. The decision reflects a broader industry pattern where more funds are removing ESG mandates than adding them, marking a notable pivot in investment strategy.