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AllianzGI Says First ESG Defense Allocations Likely This Year

Summary by Financial Post
(Bloomberg) — Allianz Global Investors expects some of its ESG funds to start adding defense holdings in the coming months, as the money manager updates prospectuses to match the political mood in Europe.

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AllianzGI Says First ESG Defense Allocations Likely This Year

(Bloomberg) — Allianz Global Investors expects some of its ESG funds to start adding defense holdings in the coming months, as the money manager updates prospectuses to match the political mood in Europe.

·Canada
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AllianzGI Plans Defence Investments in Certain ESG Funds as Early as 2025

Allianz Global Investors (AllianzGI) plans to integrate defence-related assets into some of its ESG funds in the near future, including Article 8, reports Bloomberg. Matt Christensen, Global Sustainable Investment Manager at AllianzGI, says that internal restrictions on defence investments are being lifted, and that the prospectuses of the funds are being updated. Customers were informed of this development in March.

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Financial Post broke the news in Canada on Tuesday, June 3, 2025.
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