Coronation Fund Managers, which reported a surge in half-year profit on Tuesday, indicated it would be taking a much stronger stance on environmental, social and governance (ESG) issues when considering future investments.

“Covid-19 has placed ESG front and centre of the investment arena,” Anton Pillay, CEO of Coronation, said after the release of the asset manager’s results for the six months to end-March, which saw after-tax profit rise 44% to R895m. ..

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