Freshfields: can investors put impact before return?

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By Jon Hay
29 Nov 2019

A research project to be conducted by Freshfields over the next 10 months will attempt to clarify the hazy area of whether it is legal for investors to prioritise the impact of their investments on the real world, including where this might impair returns.

Remarkably for such an important issue, this is very poorly understood. Even senior investment practitioners are often unsure what they are allowed to do. The result is that most err on the side of caution.

“There is a lot of work on impact, but on analysing the legal ...

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