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
Natixis Investment Managers has hired a distribution director to specifically focus on the firm’s work with research firms and consultants.
The use of total portfolio approaches by asset allocators is putting pressure on fund managers with outperformance being “no longer sufficient” when it comes to fund development.
With evergreen funds being used by financial advisers for their liquidity benefits, Harbourvest is forecasting they are set to grow by around 20 per cent a year to surpass US$1 trillion by 2029.
Total monthly ETF inflows declined by 28 per cent from highs in November with Vanguard’s $21bn Australian Shares ETF faring worst in outflows.
