European asset managers are reconsidering their policies on investing in defence, under pressure from clients and some politicians to loosen restrictions and help fund the continent’s race to re-arm. Under European Union rules, a number of funds badged as sustainable need to ensure their investments ‘Do No Significant Harm’. Many have avoided the sector entirely, with even engine maker Rolls Royce and Airbus, which has a big commercial aviation division, judged off limits.Read More
Analysis-Europe’s top money managers start to bring defence stocks in from the cold
