The European Fund and Asset Management Association (EFAMA) is calling for more transparency on Responsible Investment (RI) in order to allow investors to be able to better compare products.
While EFAMA’s recommendations are aimed at institutional investors it believes that the same approach could be applied to retail investor funds, including the newly proposed Packaged Retail Investment Products (PRIPS) currently under discussion. “In EFAMA’s view transparency in reporting on RI to investors should take place both in the pre‐ and post‐investment phases only for those investment products that are promoted as RI products. In the pre‐investment phase, the Key Investor Information Document (KIID) and other issuing documents such as the prospectus for a fund should indicate tha...
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