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0.000551419906258506 0.00110283981251721 -0.000275709953129253 -0.000275709953129253 0.00137854976564646 -0.00388751033912319 -0.0074441687344914 -0.00937413840639656
Stock impact report

Invesco Advisers' ESG Claims Draw $17.5 Million Fine From SEC [Yahoo! Finance]

Invesco Ltd (IVZ) 
Last invesco ltd earnings: 4/23 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
about the share of company-wide assets under management that integrated environmental, social and governance factors into investment decisions. Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration Paris Restricts Through Traffic in City Center From Housing to Immigration, Key Ballot Initiatives and Local Races to Follow From 2020 to 2022, Invesco told clients that between 70% and 94% of parent company Invesco Ltd.'s AUM were “ESG integrated.” In reality, a “substantial” amount of assets were held in passive exchange-traded funds that didn't consider ESG factors. In addition, Invesco Advisers lacked any written policy on what ESG integration meant, the SEC said. “Companies should be straightforward with their clients and investors rather than seeking to capitalize on investing trends and buzzwords,” Sanjay Wadhwa, acting director of the SEC's Division of Enforcement, said in a stateme Show less Read more
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