The week’s best fund management articles The double woes of Janus Henderson and Invesco; CFA faces backlash over ESG framework; ISS refuses to back down against SEC CFA forges ahead with ESG standard despite criticismAsset managers warn that body’s move is premature given different attitudes among global policymakers Invesco’s UK investment chief targets performance turnroundStephanie Butcher has the task of rebuilding the asset manager’s reputation after some tough years Deutsche Börse to back ISS in lawsuit against SECProxy adviser says its new owner understands need for legal action against US financial regulator Janus Henderson under pressure as Trian eyes consolidationThe $358bn manager is struggling to prove its worth following its 2017 merger — but would another deal help? ESG falls down the investment agendaSurvey shows big investors have demoted environmental, social and governance issues as pandemic bites Investors urge European companies to include climate risks in accountsCoalition overseeing $9tn in assets have written to groups including Anglo American, BMW, EDF and Lufthansa More from this Series EU regulator says investment funds must strengthen against future shocksEsma concerned asset managers are not prepared for dealing with redemption requests or valuation uncertainty The $5tn club: Merger mania sweeps asset management industryOnly half of investment houses will still exist by 2030 as size becomes crucial to success, research predicts Big investors push UK to go further on green financeChancellor’s proposals must be robust and pave way for net-zero economy, say asset managers Labour calls for UK pension funds to be carbon neutral by 2050Opposition party in push to align retirement schemes with Paris climate agreement ETF tax advantage feared at risk if Democrats win SenateMutual fund providers have long complained that their higher tax burden is unfair Scottish Widows to dump £440m of company holdings that fail ESG testsExclusions policy is one of the most aggressive adopted by a leading UK pensions provider Funds cut cash holdings to pre-pandemic levelsLiquidity decline raises questions over how prepared funds are to cope with fresh market turbulence Companies defy investor demands on climate changeAnalysis of 6,000 listed groups shows few businesses are close to meeting targets set by Paris accord Vanguard admits investors were sent incorrect informationLatest technical gaffe related to estimated yields and income across most of its money market fund range Charity sector faces £10bn funding shortfall and 60,000 job lossesGrant giving foundations and endowments increase their exposure to riskier assets to find better yields The man leading Mitsubishi UFJ’s push in AustraliaChief executive of First Sentier Investors on broadening the asset manager’s horizons after the change in ownership Schroders launches impact fund to aid Covid-hit emerging marketsFund group’s BlueOrchard boutique will manage vehicle that is backed by development agencies Senate plays the grinch with distressed US statesRepublican majority keeps its veto on progressive spending and redistributive taxation
