The Investment Association (IA) has today (18 November) published industry-wide definitions in an attempt to provide "clarity and consistency" to responsible investment.
From the start of 2020, IA members will be asked to identify which funds should be classified as having "responsible investment characteristics" to help bring "further clarity" to the market. The definitions are based on consultation with more than 40 investment management firms representing £5trn of assets, the IA said. CFA UK to introduce ESG investing qualification Currently, a variety of terms and phrases are used interchangeably, which could "leave customers confused". The IA has brought together the investment management industry to agree a "common language and clear produ...
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