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ESG is coming for emerging markets

ESG

A top-performing emerging markets bond fund shuns investments from many countries because of their low ESG ratings

A top-performing emerging market bond fund is avoiding investments in Russia, China and Saudi Arabia because the three countries score too low in its ratings for environmental, social and governance risks.

The $1.5 billion Candriam SRI Bond Emerging Markets Fund, which has outperformed almost 90%

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