June London and NYC free events open to SFM participants – Reserve Now

London, 23 June 2014: Launch of Cambridge Handbook of Institutional Investment and Fiduciary Duty,  4 – 5.30 pm, CCLA, Senator House, 85 Queen Victoria Street, London 

The launch of this comprehensive guide to the fiduciary principles governing institutional investors comes days before the expected release of the UK Law Commission’s report on fiduciary duty. This event will provide a crucial opportunity for proponents of reform to anticipate their responses.  (See the blog for a summary of the latest SFM participants’ thinking on priorities for the UK Law Commission report.)

Handbook co-editors Andreas Hoepner (Henley Business School), Keith Johnson (Sustainable Financial Markets' Fiduciary Duty Working Group) and Joakim Sandberg (University of Gothenburg) will lead a discussion on the role that fiduciary duty is expected to play in financial market developments for the 21st century. A reception will follow.

Organised with the Network for Sustainable Financial Markets and PRI, the 23 June event in London will be chaired by Catherine Howarth of ShareAction and hosted by CCLA. Christine Berry (New Economics Foundation) will present highlights from her chapter on the voice of beneficiaries in application of investor fiduciary duties. Helene Winch (UNPRI) will also provide comments, and Simon Howard (UK SIF) will lead a discussion on the way forward in anticipation of the UK Law Commission's final report.

Please email jo.mountford@shareaction.org to reserve your place for the London event.


New York, 26 June 2014: Insights into the opportunities and challenges of responsible investing strategies and US launch of Cambridge Handbook, 9:00 am – 7:00 pm, Bloomberg, 731 Lexington Ave, New York, NY

As responsible investment moves from values-based to value-creating approaches, the industry is experiencing increasing investor demand. Institutional investors, and long term universal owners in particular are interested in how ESG issues can impact company and investment performance, and influence in aggregate the long-term risk and return profile of investment portfolios.

Join this PRI and Bloomberg co-sponsored event for an overview of the latest research on responsible investing strategies. The panels will examine the convergence around the materiality and resulting impact of ESG factors on investment performance and decisions on asset allocation. The day will end with an SFM participants' panel on Institutional investment and fiduciary duty at 4:45, followed by a reception and the US launch of the Cambridge Handbook of Institutional Investment and Fiduciary Duty at 5:45.

Register at http://www.unpri.org/events/research-on-responsible-investing-strategies/.


What People are Saying About the Cambridge Handbook of Institutional Investment and Fiduciary Duty

A focus on fiduciary standards in the investment chain is critical to the reform of the financial services sector to meet more effectively the needs of the nonfinancial economy. This book places the issue where it needs to be – on the centre of the stage.

John Kay

Professor at London School of Economics,

journalist, and author of The Kay Review of UK

Equity Markets and Long-Term Decision Making


This groundbreaking handbook is an insightful look into the real-world challenges of an investment industry navigating the ever–changing waters of the global economy. It shines a light on the risks that fiduciaries may face if they don’t understand how the world is changing around them.  [This] is a must read for any investment fiduciary interested in a comprehensive interdisciplinary perspective.

Anne Stausboll

Chief Executive Officer

California Public Employees’ Retirement System (CalPERS)