Listen "Episode 2: The €56,000 Question: How ESG Naming Rules Are Breaking European Funds"
Episode Synopsis
In this episode of GRC in Focus, host Asad Bukhory unpacks the seismic impact of ESMA's ESG fund naming regulations following Aviva Investors' €56,000 fine for a mere 5% deviation in ESG allocation. With 880 funds forced to rebrand—the largest rebranding in European fund history—and €1.9 trillion in assets affected, Asad reveals how these rules are creating an existential crisis for emerging managers. He breaks down the complex 80% threshold calculation, the treacherous PAB vs CTB exclusion regimes, and the "compliance treadmill" that's consuming up to €500K annually for funds. Asad exposes the operational nightmares hiding behind seemingly simple rules. With spot inspections finding zero managers fully compliant and sustainable funds experiencing their first-ever quarterly outflow of $1.2 billion, this episode is essential listening for any manager navigating the new reality where your fund name is not simply marketing but a legally binding requirement that could make or break your business.
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