The deal will see the asset manager set up a Finnish infrastructure fund
It will become difficult for fund managers in the future to sell their products if they do not take into account environmental, social, and governance (ESG) factors, Aktia Asset Management believes.
When it comes to investors demanding ESG, the speed of change may vary based on the type of investor and the country in which they live, but the direction of travel will not: the future will not be about offering a few ethical or green funds here or there but about moving to a full ESG process across a client’s entire portfolio.
Despite the EU rejecting a proposal to limit the variable pay of fund managers, the question of remuneration remains under the spotlight. By Will Jackson