Faking it: only half of ethical funds managers meet best practice

Faking it: only half of ethical funds managers meet best practice
Funds not meeting ethical standards should be careful they don't find trouble with regulators. (Photo: Markus Spiske on Unsplash)
Dan Brunskill
Responsible investment assets have grown at twice the rate of managed funds overall, a report has found, but not all are meeting the highest standard.A study by the Responsible Investment Association Australasia (RIAA) has found 43% of managed funds operate in line with “leading practice responsible investment”.These investors managed $142 billion in 2020, up 28% from $111 billion in the year prior, while total funds under management industry wide grew by just 11%.While most mainstream investors “claim to be responsibly invest...

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