In ShareAction’s 2020 Point of No Returns survey of the world’s 75 largest asset managers, no asset manager achieved an AAA or AA rating by demonstrating leading practice across all assessed areas. The overall impression from ShareAction's research was that the combined assets under management of the 75 asset managers were being managed in a way that at best ignored key systemic risks and at worst contributed to them.
There were, however, clear pockets of leading practice in the industry across most indicators we assessed, demonstrating that achieving an AA or AAA rating was entirely possible. This guide presents a range of short case studies that reflect the current state of leading practice by large asset managers on the core themes assessed in ShareAction’s 2020 Point of No Returns survey:
ShareAction intends for this guide to provide practical and decision-useful guidance for asset managers of all shapes and sizes looking to align their responsible investment approaches with mainstream leading practice. Asset owner clients and their advisers can also use the contents of this guide to help drive stronger responsible investment standards with the asset managers they engage with.