St James Place stresses social impact
St James’s Place has increased the pressure on its fund managers to invest with an eye on environmental, social and governance issues to meet demand from clients for more oversight on how their money is invested for social impact.
The FTSE 100-listed wealth manager said investor interest in ESG issues had ‘multiplied’ in recent years. “This is partly because there is more being written about it,” said Chris Ralph, chief investment officer at SJP. “But it’s also partly because people are observing what’s going on in society and realising that it’s something that they want to think about a bit more.” READ MORE: https://www.ft.com/content/604fd748-f507-11e6-8758-6876151821a6