支持欧洲价值观就是支持ESG！欧洲650亿美元规模“老钱”警告美国资管机构

Group 1 - European investors are warning the U.S. asset management industry about potential divestment if they yield to the Trump administration's policies, particularly regarding climate change and governance principles [1][2] - The Dutch pension fund PME is reassessing its €5 billion investment with BlackRock due to concerns over the firm's lack of condemnation of Trump's actions related to climate and judicial issues [2][3] - PME's senior strategist highlighted a clear divide between European and U.S. asset management firms in terms of engagement, active ownership, and climate initiatives [2][3] Group 2 - PME is implementing a new screening mechanism to ensure its investment portfolio aligns with European values and ESG standards, significantly reducing its investable stock universe by about two-thirds to around 1,000 stocks [4] - The new screening will exclude passive stock investments in emerging markets due to uncontrollable ESG risks [4] - PME is also reviewing the performance of its external managers, particularly U.S. asset management firms, in light of their alignment with current U.S. policies [4] Group 3 - The quality and transparency of ESG disclosures are becoming critical factors for institutional investors' decision-making processes [6][7] - PME has indicated that if U.S. firms cease to disclose diversity, equity, and climate-related data, it will reconsider its investment decisions [6] - The current situation may signify the beginning of a divergence in the global asset management industry, marking a new phase of competition between European investors and U.S. asset management giants [7]