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ABN AMRO upgrades sustainable funds to ‘dark green’ amid wave of downgrades

ABN AMRO's Bob Hendriks: 'Our process of moving to Article 9 was not rushed but carefully conducted'

By Kristen McGachey
Bob Hendriks, chief commercial officer at ABN AMRO, said that several hundred million dollar mandates run by boutiques Boston Common and EdenTree had been upgraded to Article 9
Bob Hendriks, chief commercial officer at ABN AMRO, said that several hundred million dollar mandates run by boutiques Boston Common and EdenTree had been upgraded to Article 9

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ABN AMRO Investment Solutions has promoted two of its sustainable funds to ‘dark green’ – the strictest category under the EU’s ESG framework – as a slew of asset managers have pre-emptively downgraded their products.

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