Belgian Wealth Manager Excludes U.S. Treasuries from Sustainable Fund

A Belgian wealth manager, overseeing assets worth $60 billion, has consistently excluded U.S. Treasuries from its primary sustainable government bond fund for nearly two decades. Bloomberg posted on X, stating that the firm believes the U.S. does not meet its criteria for equality and democracy. The decision reflects the manager's commitment to sustainability and ethical investment practices, prioritizing countries that align with its values. This approach highlights the growing trend among investors to consider social and governance factors in their investment strategies.