Jupiter's Jason Pidcock on ESG 'nonsense' and why China remains 'unappealing'

Manager of Jupiter Asian Income fund

Linus Uhlig
clock • 5 min read

ESG as a term has “become a nonsense”, according to the co-manager of Jupiter Asset Management’s Asian Income fund, Jason Pidcock.

Pidcock told Investment Week that in emerging and developed markets, both of which his mandate invests in, 'environmental, social and governance' as a term has become vague, subjective and "the sooner we stop using ESG together as letters, the better".  The Asian Income fund does not have an ESG mandate, but Pidcock argued that he and his co-manager Sam Konrad  "always thought very seriously about governance" because "there is clarity in what that means". ESG appetite among investors drops for third consecutive year However, "the ‘E' and the ‘S', they are more woolly", he added. In...

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

Join now

 

Already an Investment Week
member?

Login

More on ESG

Morgan Lewis' William Yonge: SDR and consumers' desire to 'do good' with their money
ESG

Morgan Lewis' William Yonge: SDR and consumers' desire to 'do good' with their money

Investors could become 'lost' in 'jargon'

William Yonge
clock 02 December 2024 • 4 min read
City Hive's Bev Shah: Why target setting matters
ESG

City Hive's Bev Shah: Why target setting matters

'Provide focus and motivation'

Bev Shah
clock 28 November 2024 • 3 min read
Jupiter's Jason Pidcock on ESG 'nonsense' and why China remains 'unappealing'
ESG

Jupiter's Jason Pidcock on ESG 'nonsense' and why China remains 'unappealing'

Manager of Jupiter Asian Income fund

Linus Uhlig
clock 27 November 2024 • 5 min read
Trustpilot