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Danish asset managers scared to offer "dark green" funds

New European regulation aims to push investment funds in a more sustainable direction, but Danish asset managers want more information before taking the "dark green" plunge. Only a few domestic funds are classified as Article 9.

Photo: Bankinvest/PR

Asset managers in Denmark have stocked up on "light green" investment funds since March 10, when it became a requirement for managers to publicize sustainability-related information about their funds.

However, if an investor wants to find a "dark green" fund, which has sustainability as a stated goal in its investment strategy, they may be looking for a while.

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