SIF 2022: Advisers must prepare for 'seismic change' towards responsible investing

‘Progress not perfection’

Ayesha Venkataraman
clock • 2 min read

Advisers should brace for changes in the way they operate, advise and recommend funds as the industry moves towards more responsible investing, delegates heard.

Speaking at the Sustainable Investment Festival today, 11 July, Steve Kenny, chief distribution officer at Square Mile said that the industry was headed towards responsible capitalism, possibly leading to the "most fundamental change to the adviser and asset management world since RDR [Retail Distribution Review]." He highlighted the ways in which this change was already underway, with one in seven clients asking about sustainable funds even without regulatory impetus, according to advisers surveyed by Square Mile. In just three years, 40% of surveyed advisers felt that responsible in...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: Asia's broadening investment story

Darius McDermott: Asia's broadening investment story

Fund managers have a dilemma

Darius McDermott
clock 21 October 2026 • 5 min read
China's historic move away from coal shows why investors need to keep digging

China's historic move away from coal shows why investors need to keep digging

'A key challenge for investors is to identify the pockets of genuine innovation'

Xin-Yao Ng
clock 19 October 2026 • 4 min read
Investors yet to stuff ISA allowances as government plays down spectacle despite 'tough' Budget

Investors yet to stuff ISA allowances as government plays down spectacle despite 'tough' Budget

Platform activity stable

Jack Roach
clock 19 October 2026 • 4 min read