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Why Axa is steering clear of green bond funds

Indira Vergis
Put off by the track record of some of these products, the French insurer is seeking other ways to play the ESG theme.
Why Axa is steering clear of green bond funds

Issuance of green bonds has been steadily rising in recent years, and in turn so has the number of funds dedicated to investing in them—but not all experts are convinced about the merits of such products. 

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