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Deutsche Bank Executive Says ESG Is Now Entering ‘Phase Three’

  • Investors to ‘reassess, reorient,’ Deutsche ESG head says
  • ESG fund managers are still adapting to commodities boom
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First, no one had heard of it. Then everybody was touting it. Now, people are rethinking what it is.

Environmental, social and governance investing has entered “Phase 3,” according to Markus Müller, the chief investment officer for ESG at Deutsche Bank AG’s private banking arm.