Asset managers failing to lead the way on responsible investment

No stand-out leaders in the space, research reveals

Mike Sheen
clock
The assets held by the "laggards" are greater than the combined GDP of the US and China
Image:

The assets held by the "laggards" are greater than the combined GDP of the US and China

More than two-thirds of the $36trn of assets held by some of the world’s largest asset managers are being managed by responsible investment "laggards" and poor performers, while the industry currently has no stand-out leaders in the space, research shows.

Pressure group ShareAction's Point of No Returns report, published on Monday (9 March), reveals the extent to which 75 of the world's largest asset managers are failing to demonstrate leadership with regard...

To continue reading this article...

Join Investment week

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Global

Red Hot Chili Peppers lead vocalist Anthony Kiedis Credit:Wikimedia Commons
ESG

Sustainable investing company backed by Red Hot Chili Peppers frontman eyes £20m AIM float

Anthony Kiedis is also a climate activist

Pedro Gonçalves
clock 03 December 2021 • 1 min read
Asset managers continue to campaign on executive pay
ESG

Asset managers commit to executive pay engagement following LGIM's decision to end feedback

Prioritisation is important

clock 03 December 2021 • 4 min read
Market Movers Blog: OPEC to monitor pandemic closely as it agrees to maintain output hike

Market Movers Blog: US sees job growth below expectations for November

Latest news and analysis

Investment Week
clock 03 December 2021 • 1 min read
Trustpilot