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Regulatory

Morningstar cops greenwashing fine

ASIC slapped Morningstar with a fine for allegedly exposing investors to controversial weapons companies after proclaiming that its environmental, social, and governance (ESG) policy strictly excludes such investments.

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Read more: MorningstarASICActive SuperHoneywell InternationalMorningstar Investment Management AustraliaDiversa TrusteesGeneral DynamicsLeidos HoldingsNorthrop GrummanRaytheon TechnologiesVanguard Investments Australia