EU Funds Face Fresh Pressure to Dump US Stocks Under New ESG Regulations

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The US stock market has emerged as the most exposed to divestment after the European Union unveiled new rules limiting how freely asset managers can attach ESG labels to their funds.

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Barclays Says Blacklists Set to Grow With EU’s New ESG Fund RuleAnalysts at Barclays Plc are warning that a growing number of stocks will be consigned to exclusion lists as new European Union rules for ESG funds are enforced.
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