More and more fund managers recognise that investment priorities are changing; many agree that financial markets should aim for positive impact and better-quality returns.
But others remain unconvinced and continue to view any investment style that places emphasis on people and planet as a potential distraction from good-old-fashioned fiduciary duty. These ‘impact atheists' come from a good place: wanting your clients to get the best possible financial returns on their hard-earned savings is an admirable impulse, as is the belief that we need to widen our thinking around what fiduciary duty truly means. SIF 2023: 'Messy internal culture' linked to lower investment returns The new language that has sprung up around the ESG and impact investing sector ...
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