ESG-Conscious Money Managers Are Pension Funds’ Top Consideration
Pension funds and insurers are now looking for more socially responsible money managers. According to a recent global poll conducted by Bfinance, over 60% of pension funds and insurers said they were unlikely to hire an equity manager who is not a signatory of the Principles for Responsible Investment, the world’s biggest industry body for sustainable investing, Bloomberg reports. The survey also showed that about a third of respondents wouldn’t appoint a hedge fund manager that lacked gender or ethnic diversity...
