Global distribution head: "Index has no conscience"
Campbell Fleming, the global head of distribution at investment company Aberdeen Standard Investments, is very critical of index fund managers. They take far too little responsibility for corporate governance, he says in an interview with a Swedish investors' newssite.
There is a philosophical conflict between the ESG (Environmental, Social, Governance) trend and the increased inflows of capital into index funds, according to Campbell Fleming. He is global head of distribution and manager at one of the world's largest investment companies Aberdeen Standard Investments.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
