Fund managers in 'complete shock' after Sunak's green pivot

Some of the world’s biggest green investors are voicing dismay and bewilderment as they struggle to digest the U.K. government’s stated intention to wind back key climate commitments.

”It was a complete shock,” said Ian Simm, founder and chief executive of London-based Impax Asset Management, a low-carbon fund investor overseeing close to $50 billion…