Asset managers 'shying away from attracting attention'

ShareAction report

Asset managers are "shying away from measures which might attract attention", according to new research from ShareAction.

Released on 13 March, part two of the ‘Point of No Returns' report is based upon responses from the world's largest 77 asset managers to questions about their governance and stewardship standards. "Disclosing portfolio impacts, such as carbon footprints, to clients would increase transparency and allow pension holders and investors to be better informed about their money's impact," said the campaign group, asserting that asset managers are "shying away from measures which might attract attention".  US regional banks face challenging future in the aftermath of SVB blowup The report ...