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‘Huge gulf’ in fund managers’ responsible investment standards

Campaign group ShareAction assessed fund managers on factors including information on fees, and shareholder engagement

‘Huge gulf’ in fund managers’ responsible investment standards

Some of Europe's biggest asset managers have been called out by a pressure group for failing to be clear about fees, and being uncommunicative on responsible investment issues, such as the way they vote at company AGMs.

The UK lobby group ShareAction conducted research on 40 managers overseeing €21 trillion ($22.3 trillion) between them, ranking them out of 90 on responsible investment criteria.

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