Asset Management

Fund managers told to ditch abuse-prone companies

Pressure from investors and politicians comes after a wave of misconduct allegations that have toppled senior executives in several industries

The number of sexual harassment claims has spiked globally amid greater media coverage of anti-harassment campaigns like Time's Up and MeToo
The number of sexual harassment claims has spiked globally amid greater media coverage of anti-harassment campaigns like Time's Up and MeToo Photo: Erik McGregor/Pacific Press/LightRocket/Getty Images

Major investors and politicians have called on asset managers to end their holdings in companies that have a woeful track record on stamping out sexual harassment, believing it illustrates weak corporate policies and controls.

The pressure comes after a recent wave of misconduct allegations that have toppled senior executives in several industries.

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