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Product roundup: More ESG fund offerings on the chopping block
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Product roundup: More ESG fund offerings on the chopping block
Amid waning investor demand, two firms have announced upcoming terminations of ESG product offerings. In a release Monday, PIMCO Canada Corp. said the $23-million PIMCO Climate Bond Fund is now closed to new purchases and will be terminated on or around Aug. 28. Per PIMCO Canada’s website, the fund “seeks to be a global climate action leader in fixed income, giving special investment consideration to long-term climate risks and opportunities, co…
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