Responsible investment a 'deal breaker' in fund manager selection

Professional investors are not tolerating "weakness" or failure in the responsible investment space when selecting fund managers, research by Columbia Threadneedle has found. Some 85% of professional investors believe responsible investment is a crucial part of manager selection, while 72% of institutional and wholesale investors said not meeting expectations was a "deal breaker" when considering asset managers that can help them meet their objectives. Michaela Collet Jackson, head of distribution, EMEA, at Columbia Threadneedle Investments, said: "It's clear that professional investo...