Derek Laud

Nov 14, 2024 | pwmnet.com | Ali Al-Enazi |Louise Findlay-Wilson |Derek Laud |Alison Ebbage

Could the circular economy model, which aims to reduce waste and use resources more efficiently, provide consistent returns for investors while reducing environmental degradation? As the COP29 global climate summit gains pace in Azerbaijan, private banks are stepping up their bets on the “circular economy”. This cycle, where materials never become waste, and nature is regenerated, is fast becoming a megatrend, according to consultancy Deloitte.

Nov 6, 2024 | pwmnet.com | Louise Findlay-Wilson |Ali Al-Enazi |Derek Laud |Alison Ebbage

Green hushing may seem a small issue but has major ramifications for the wealth management sector. Based on metrics alone, green hushing – where companies underplay their green credentials, or try to play safe by not talking about ESG (environmental, social and governance) activities at all – may seem like something of a minnow. After all, so far in 2024 we’ve monitored just 947 references to the problem on social and mainstream media, compared to 46,500 comments or articles about ‘greenwashing’.

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.

Aug 23, 2024 | pwmnet.com | Derek Laud |Elisa Trovato |Matthew Lonsdale |Ali Al-Enazi

Established processes prevent wealth management firms from tapping into diverse candidate pools, but failure to reflect more socially conscious younger generations could result in loss of relevance and market share. With more than 25 years in financial services I've known CEOs dismiss pregnant PAs without a second thought, leaders who believe racism doesn't exist, and the contributions of exceptionally talented minorities unforgivably overlooked.