The Asset Management industry still has a trust issue. Engaging in Environmental, Social and Governance (ESG) investing is one way of helping to rebuild this.
Simple as this may sound, the market is not awash with the depth of technical knowledge and financial experience required, thereby driving a 'war' for this combination of talents.
Competition for employees familiar with environmental, social and governance issues is increasing as asset managers scramble to gain reputations as responsible investors. Rivalry between candidates who want ESG roles is also sharper as interest in responsible investment surges.