Article
Big investors want SRI research
Leading European institutional investors are challenging the investment banking and broking industries to provide research on socially responsible investment issues. They have written to the main banks and brokers saying they will allocate up to 5 per cent of their commission budget to the issue. The group, which consists of Universities Superannuation Scheme (USS), PGGM, the Dutch pension fund, BNP Paribas Asset Management, RCM, part of Allianz Dresdner Asset Management, and the boutique Generation Investment Management, has dubbed its project the Enhanced Analytics Initiative. [also refers to Goldman Sachs]