Q&A: Ninety One says local is still lekker and so is ESG

The asset management industry is coming under increasing scrutiny for investments made in carbon-intensive companies, a phenomenon that is driving trustees of large retirement funds to demand that the sector takes more proactive steps to promote decarbonisation and sustainability.

This is happening at a time when consumers are demanding higher returns and lower fees as more cost-effective passive investment solutions increasingly win over disgruntled clients from active asset managers...