Man Group names new head of responsible investment
Man Group has appointed Steven Desmyter as new head of responsible investment and chair of the company’s responsible investment committee.
He would also continue in his current role as a member of Man Group’s executive committee and head of sales across EMEA.
In his new role, Desmyter would oversee firm-wide responsible investment policies and focus on serving clients’ interest in incorporating environmental, social and corporate governance (ESG) considerations in the investment decision-making process.
Additionally, the company has also appointed Jason Mitchell as sustainability strategist, in addition to his current role on Man GLG’s European and international equity teams, as a part of ongoing support for the company’s investment focus.
Man Group’s chief executive, Luke Ellis, said: “We are committed to furthering the interests of our clients in this area and I am delighted that Steven will now be formally leading Man Group’s efforts in this space, supported by Jason Mitchell who has been a key industry advocate for responsible investment.”
AUTHOR
Oksana Patron
Recommended for you
Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.
Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.
