Asset managers failing to lead the way on responsible investment

More than two-thirds of the $36trn of assets held by some of the world's largest asset managers are being managed by responsible investment "laggards" and poor performers, while the industry currently has no stand-out leaders in the space, research shows. Pressure group ShareAction's Point of No Returns report, published on Monday (9 March), reveals the extent to which 75 of the world's largest asset managers are failing to demonstrate leadership with regard to the risks and opportunities presented by climate change. The assets held by the "laggards" - the very worst performers showin...