In May, City hive launched ACT – the corporate culture standard for investment companies with the backing of a small group of asset managers.
Less then six months on over 50 asset management firms have started reporting via the DOOR Platform and firms such as Cazenove's, Hargreaves Landsown and EQ Investors including the framework as part of their investment due diligence process. So, what is the ACT Framework? The ACT Standard of Corporate Culture captures the essence of an Investment Management company's ‘heart and soul' and provides professional investors with a framework to assess, measure and catalyse movement towards more diverse, equitable and inclusive firms. Embedding and living values within an organisation is a...
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