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Edmond de Rothschild Asset Management plots ‘dark green’ fund after mass downgrades

Swiss asset manager is the latest signatory of the Net Zero Asset Managers initiative

Marie Jacot Cardoen, the chief executive officer of EDR Asset Management France, told Financial News an emerging markets climate bond fund, which will bear the Article 9 badge, is in the pipeline

Patrick Sordoillet
By
Kristen McGachey

Edmond de Rothschild Asset Management is preparing to launch a 'dark green' fund — which must meet strict criteria under the EU's ESG rules — months after downgrading all of its greenest strategies.

Marie Jacot Cardoen, the chief executive officer of EDR Asset Management France, told Financial News an emerging markets climate bond fund, which will bear the Article 9 badge, is in the pipeline.

To...