News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Church of England, fund managers to press mining groups after Rio Tinto scandal

The $10tn investor group includes a roll-call of leading London fund management houses, such as L&G and Schroders

The boards of some of the world’s top mining companies are to be challenged this week by a group of investors with more than $10tn in assets under management, asking them to justify their “social license” to work with indigenous communities.

In a 28 October letter to companies including London-listed miners Barrick Gold, Anglo America and Glencore, investors have demanded answers on how the sector understands and manages the risk of working close to important cultural and heritage sites.

WSJ Logo