UN-backed responsible investment group cuts five investors from list
Membership is increasingly seen as crucial for asset managers pitching for mandates from pension schemes
28 September 2020 - 10:17
London — Five investors have been removed from the UN-backed Principles for Responsible Investment (PRI), in the first such move by the group for those failing to meet its minimum requirements.
The PRI has amassed more than 3,000 signatories managing more than $100-trillion in assets since it was launched in 2006 and membership is increasingly seen as crucial for asset managers pitching for mandates from pension schemes...
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