Ameriprise Blasts Overpriced Green Bonds, Prefers Oil Drillers
Bonds that fund environmental projects are overpriced, and money managers are better off investing in debt from companies like oil drillers that are trying to become more sustainable, said Jon Cartwright, senior director of fixed income at Ameriprise Financial.
Ameriprise Blasts Overpriced Green Bonds, Prefers Oil Drillers
Bonds that fund environmental projects are overpriced, and money managers are better off investing in debt from companies like oil drillers that are trying to become more sustainable, said Jon Cartwright, senior director of fixed income at Ameriprise Financial.