COLUMN: Stakeholders to increasingly scrutinize the asset management industry to make sure it walks the talk on ESG and sustainable investments
Following years of misconduct and loss of credibility, now is an opportunity for the financial sector to do good. There is, however, a risk that some of the industry will remain shortsighted and profit-oriented, creating an alphabet soup of indices and a range of intransparent investment products, writes former chief strategist Frank Hvid Petersen in this column.
BY FRANK HVID PETERSEN, FORMER INVESTMENT STRATEGIST AT NORDEA & CARNIEGIE INVESTMENT BANK
These days, the global and Nordic asset management industry seems to be all about sustainable investing, responsible investing, SRI, ESG, or whatever you wish to call it.
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