BUSINESS
What can asset managers do to help society during the pandemic? - Economo
BUSINESS

What can asset managers do to help society during the pandemic? - Economo

Published: July 1, 2020  |  4 min read, 879 words
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What can asset managers do to help society during the pandemic? The answer is – a lot. Our debt for proper care stems from managing 50 trillion USD in stocks and bonds in public and private companies around the world, which in turn employ, directly or through suppliers, millions of people. The ultimate owners are mothers and fathers, retirees, public institutions, and charities – the same people whose livelihood is under pressure.Therefore, asset managers have full power and moral legitimacy to help shape decisions made on company boards. How should this influence be used? A good start is... READ MORE
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