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Analysis-Europe's top money managers start to bring defence stocks in from the cold

Reuters
Summary
Nutrition label

79% Informative

European asset managers are reconsidering their policies on investing in defence.

Under EU rules, funds badged as sustainable need to ensure investments 'Do No Significant Harm' Many have avoided the sector entirely, with Rolls Royce and Airbus judged off limits.

EU seeks around 800 billion euros ( $870 billion ) of investment to bolster defence after U.S. President Trump said Europe must take more responsibility for its own security.

ESG fund holdings rose to 0.5% from 0.4% a year earlier , the data showed. Barclays analysts this week said the ESG underweight in defence had fallen "markedly" since last year . "We will go along with a more positive stance (on defence), it’s inevitable if you consider the geopolitical situation," Legal & General's CIO Sonja Laud said. ($ 1 = 0.9228 euros) (Additional reporting by Sinead Cruise and Chandini Monnappa ; Editing by Tommy Reggiori Wilkes and Susan Fenton ).

VR Score

90

Informative language

97

Neutral language

51

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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