It remains a subjective topic. However, I have seen numerous SRI or ESG funds that have exposure to stocks that one would rightly question what they positively contribute to society.
What is at the forefront of the thinking when the manager compiles the portfolio? I have no doubt that in some cases it is more akin to :'This stock is great, let's justify its inclusion'. Paul Warner, head of our ethical and SRI mandates, has been investing responsibly for close to quarter of a century. His contribution to our investment committee has cultivated a more responsible way of investing, helping cross pollinate conventional mandates. We recognise we will not always get it spot on, but we want genuinely responsible and sustainable investments to be embedded within all our...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes