Investors battle with fund managers behaving badly
Super funds are demanding companies to align with their members values. They will now be under more intense pressure that applies to the fund managers they hire.
Investing ethically is all the rage in the funds management industry.
With each passing day, more money is being taken from funds that don't believe in the importance of Environmental, Social and Governance measures and handed to those that have made it central to their investing and marketing mission.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
