Hedge funds boost ‘responsible investment’ strategies

May 28, 2018 6:59 pm |

Hedge fund managers have been called many names over the years, but “responsible investor” is not one of them — until now.

Hedge funds have committed a little more than 10 per cent of their assets to strategies that follow responsible investment principles, with some allocating up to half their funds in this way, according to research by the Alternative Investment Management Association, a lobby group, and the Cayman Alternative Investment Summit, organisers of an industry conference.