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Deliveroo, Bitcoin ETF, Tankers and Microsoft: Investments in the Spotlight

Bloomberg Wealth reviews assets that made a splash this week.

A Deliveroo takeaway food courier cycles in London.

A Deliveroo takeaway food courier cycles in London.

Photographer: Hollie Adams/Bloomberg

Some of the U.K.’s biggest asset managers are avoiding the hotly anticipated initial public offering of Deliveroo Holdings Plc on ethical grounds.

Legal & General Investment Management, Aberdeen Standard Investments and Aviva Investors all said this week they wouldn’t be investing in the food-delivery company partly over concerns its treatment of riders doesn’t align with socially responsible investing practices.