Empowering long-term influential asset owners to invest responsibly is the key to hastening take-up in responsible investment. Delegates heard how some leading asset owners are doing this through their diversity and ESG practices.
“It’s time to act,” said Bruno Le Maire, France’s Minister of the Economy and Finance in the opening keynote speech at PRI in Person in Paris in a speech, which underscored with a sense of urgency that the financial world is not doing enough to meet today’s ESG challenges.
ESG is a core expectation of LPs in assessing private equity managers, and some asset owners including AP2 are willing to forego opportunities if a manager is not transparent on ESG, a panel at PRI in Person discussed.
Ahead of the PRI in Person conference this week in Paris, Top1000funds.com spoke to CEO of PRI Fiona Reynolds about her aim for the conference which includes the over-riding aim to get further, faster.
This third article about the recently released CFA Institute report, the Investment Professional of the Future, looks at a roadmap for investment firms for developing culture and purpose. Specifically the report recommends that firms enhance the employee experience, invest in empowering leadership, and become change-savvy.
Responsible investment has assumed an increasingly central role in fixed income portfolios and in the experience of Jørgen Krog Sæbø CIO, fixed income, and Lars Tronsgaard deputy managing director at Folketrygdfondet, which manages the Government Pension Fund Norway, one part of Norway’s Government Pension Fund, adopting a responsible investment focus builds more integrated understanding and deeper insight into companies.
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