Misinterpreted fiduciary duty driving short-termism, says Fair Pensions
Beneficiaries can drive long-termism and stewardship, says campaign group
A misinterpreted sense of fiduciary duty in the investment chain is contributing to market short-termism, says campaign group Fair Pensions.
“We have concluded,” it says, “that investors’ fiduciary duties, as currently interpreted, are acting as a driver of short-termism when the…
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