Kempen Capital Management has decided to exclude all investments in the tobacco industry from its funds. By the end of December 2018, all Kempen funds will be ‘tobacco-free’. The exclusion does not apply to mandates, bespoke investment portfolios and multi-management funds. Lars Dijkstra, CIO of Kempen, said: “Sustainable investing is of essential importance to us […]
Alan Brown, member of the 300 Club and senior adviser at Schroders, says the investment industry needs a new model for best practice that does better than rely on factors such as fund characteristics, regulatory environment and risk preferences.