Big asset managers hampering ESG progress, says ShareAction
As European managers outpace their US and UK rivals when it comes to backing shareholder proposals
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
As European managers outpace their US and UK rivals when it comes to backing shareholder proposals
As housing prices plunge in several big markets
Ahead of plans to expand into multiple countries and broaden its footprint in a number of sectors
But just 49% of Germans think ESG is an important investment consideration
David Hedalen previously spent 12 years at Abrdn
Following a marked decline in public investment across the continent
As AUM across the whole industry fell €2.3trn over the first nine months of this year
Scott Steele also worked at Pimco and BMO Mutual Funds
But the Inflation Reduction Act has raised a few hackles this side of the pond
It receives requests for more than €6bn but only has a fraction of that sum to dish out
As industry commentators are split on how aggressive the central bank will be from here on in
Rules and restraints mean only a few have been launched since they were introduced in 2015