Document Type

Media Mention

Publication Date

10-24-2017

Source Publication

Investment and Pensions Europe

Description

Decent folk in the investment world are beginning to ask why our sector is so slow to change. Why can’t it function as a fit for purpose enabler of human prosperity? Three events in last few weeks illustrate real change may be in the air.

The CIO of Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, acknowledged at the PRI 2017 conference that institutional investors continue to focus on the short-term despite demanding a long-term focus from their managers and companies in which they invest.

Fidelity now speaks about “helping companies become better companies” and frames its commitment to ESG as part of being a “responsible allocator of capital” to foster “economic growth and job creation”.

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