'There is a direct link between Roe v Wade and investment risk'

Managers cannot 'feign ignorance'

Asset managers cannot bury their heads in the sand when it comes to Roe v Wade, as experts align the social risk with investment concerns.

Last month, the US Supreme Court overturned women's rights legislation Roe v Wade, removing the constitutional right to choose abortion. Now, each state will individually decide whether to allow abortions, with 22 out of 50 US states already poised to ban them immediately. This decision has been hard felt socially and politically, but at its surface it may appear that Roe v Wade has little crossover with the financial services world. However, as Lee Wild, head of equity strategy at interactive investor said, ESG considerations are now "firmly on the agenda" for both investors and fund...