The moral imperative for business in the face of Covid-19

The requirement for business to be a positive force in society is core to acting as a responsible investment manager and steward.

The fundamentals of the investment management industry, of analysis, valuation, portfolio construction, engagement and stewardship, need to combine to deliver this.   As a firm, we have always seen societal aims as being fundamental to the purpose and delivery of sustainable wealth creation for the benefit of investors. While we have been careful not to represent this mission as an ethical or moral endeavour, if we are honest, we could never strip out the moral dimension and, in the context of the current Covid-19 crisis that is all the more true. Morality in the eye of the beholde...