Original article by Joanne Tran
The Australian Financial Review – Page: 29 : 21-Nov-23

Managed funds with an environmental, social and governance focus have attracted growing scrutiny from investors and regulators in 2023. Nanuk Asset Management’s chief investment officer Thomas King contends that criticism of ESG funds and issues such as their performance has validity. King also believes that the ESG label has been overused and it should be banned; he says the acronym is confusing and ESG scores are "distracting nonsense", and that plain language should be used to describe what managed funds are doing.

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