There is a growing demand for transparency in financial companies, especially concerning environmental, social and governance issues. While some fund managers are beginning to get the picture, more improvement is necessary
There are strong arguments for increased public accountability of fund managers: an industry that manages assets worth trillions of pounds has an undeniable influence upon the economy, environment and employment that affects everyone. Most large public companies have realised that their stakeholders are a far larger group than just their shareholders, and have implemented corporate responsibility policies as a result. Despite the fact many fund managers are larger (in terms of assets managed) than many public companies (in terms of market capitalisation), the need to be accountable to a w...
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