Thursday, July 3, 2008

Investors need to speak up

[Anne Moore Odell, "Mainstream Fund Managers Vary Widely on Social Responsibility,", 1 July 2008.]

A new report from RI Metrics indicates that lack of communication is the primary difficulty preventing fund managers from implementing comprehensive and consistent SRI guidelines:

"the number one problem for the managers studied by RImetrics is the 'lack of clear, strong signals from their asset owner clients.' Sixty percent of asset managers didn't consult clients in the development of their SRI policies. This leads to policies that don't accurately reflect clients' priorities, RImetrics reports."

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