Invesco Advisers will pay $17.5 million to the SEC for misleading clients about ESG asset integration.

Invesco Advisers has agreed to pay a $17.5 million fine to the SEC for allegedly misleading clients about the percentage of its assets that integrated environmental, social, and governance (ESG) factors. From 2020 to 2022, the firm claimed that 70% to 94% of its assets were ESG-integrated, but a significant portion was in passive ETFs that did not consider ESG factors. Invesco lacked a written policy defining ESG integration.

November 08, 2024
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