Oppenheimer Funds appoints head of Sustainable Investing

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Oppenheimer Funds has appointed Aniket Shah as head of Sustainable Investing, in a bid to respond to growing investor demand for sustainable strategies.

In his new role, , he will be responsible for working with the group’s portfolio managers and investment product specialists to further integrate sustainable investing practices across all aspects of the firm’s business activities.

He joins from the United Nations Sustainable Development Solutions Network, where he spent the last three years as head of Financing, responsible for working with governments, investors, corporations and non-governmental organizations on ESG integration and sustainable development financing issues. Prior to that, he worked among others for Investec’s multi-asset team.

He now reports to Sharon French, OppenheimerFunds’ head of Beta Solutions.

OppenheimerFunds, including its subsidiaries, manages more than $246bn (€209.6bn)  in assets for over 13 million shareholder accounts, and is a signatory of The United Nations-supported Principles for Responsible Investment (UN PRI).