Chris Redmond

Oct 7, 2024 | pwmnet.com | Ali Al-Enazi |Derek Laud |Alison Ebbage |Chris Redmond

US fund houses have been slow to meet ESG standards for alternative investments, with European firms leading the way. Commitment by US alternative investment managers to environmental, social and governance (ESG) standards is still lagging, with Europe leading the way, according to LGT, a leading wealth and funds firm, based in Liechtenstein.

Jul 23, 2024 | pwmnet.com | Chris Redmond |Elisa Trovato |Ali Al-Enazi |Elliot Smither

By integrating DEI factors into investment portfolios, fund firms can avoid the ‘diversity dressing’ common to much of the industry. Many asset managers have increasingly acknowledged the importance of diversity, equity and inclusion (DEI). Research by WTW has found the top quartile of diverse asset managers outperform less diverse peers by 45 basis points per annum, making diversity of thought an integral success factor for the industry.