The class action alleges investors were misled by climate change not being disclosed with other financial risks in state exchange-traded bonds
Protesters at a climate rally in Melbourne, Australia, in 2019. Picture: REUTERS
AOFM CEO Rob Nicholl declined to comment. The Australian treasury said it does not comment on matters relating to current court proceedings. She said she bought exchange-traded Australian government bonds maturing in 2050 last year through a government initiative that allows individual investors to buy sovereign debt.
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