Hedge Funds Get Dragged Into Trans-Atlantic Mandate Tensions

(Bloomberg) -- As money managers adapt to a new reality in which their oil policies risk losing them business, hedge funds are finding they’re also being dragged into the fray. Most Read from Bloomberg Pension funds in northern Europe are currently reviewing US mandates amid concerns over climate risk. In London, meanwhile, lawyers advising hedge funds say their clients are dropping oil exclusions in order to hold on to US clients. The “concern is that oil screens may cause..