4 ms·
> Pension fund managers should stick to what they (pretend) to understand: investments. Says you. Personally I'd like to see more of this. Perhaps it's less
by paranoidrobot 4y ago
> Pension fund managers should stick to what they (pretend) to understand: investments.
Says you.
Personally I'd like to see more of this.
Perhaps it's less profitable than just going for the highest immediate ROI and who cares about the impact on the wider world. More fair pay & conditions, less exploiting workers. More supporting local communities where they operate, less profit-shifting/tax-avoidance. More caring about environmental impact, less polluting.
I think a lower ROI is worth it if we can achieve these things.
- fomine3 4y agoI'm fine if private funds do this (though I don't think investors are smart enough to judge everything), but not fine for pension fund. It's not your money and customers have no choice.