Responsible investment a 'deal breaker' in fund manager selection

Some 85% of professional investors believe responsible investment is a crucial part of manager selection, while 72% of institutional and wholesale investors said not meeting expectations was a "deal breaker" when considering asset managers that can help them meet their objectives. Michaela Collet Jackson, head of distribution, EMEA, at Columbia Threadneedle Investments, said: "It's clear that professional investors will now avoid - or even divest from - asset managers that are not meeting their RI expectations, be it by way of product offering, investment approach or client reporting. Th...