EUROPE - Nine out of 10 European fund managers expect their involvement in socially responsible investment to increase, a new study shows.
A survey of 105 of Europe’s leading fund managers – carried out by Thomson Extel and UK Social Investment Forum – found that 90% expected activity in socially responsible investment to increase.
HSBC Securities and Dresdner Kleinwort Wasserstein were found to be leaders in the field of SRI research and analysis.
HSBC was ranked best provider of SRI analysis and reports, and Dresdner the best brokerage firm for SRI news services.
UKSIF executive director Helen Wildsmith said: “HSBC and Dresdner are ideally placed to capitalise on the rapidly growing demand from investors for news, views and research about material social and environmental issues.”
Thomson Extel Survey head Steve Kelly said: “These results will add value to investors and analysts on understanding the perceptions of SRI.”
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.