Redefining the Purpose of the Investment System
Chatham House / Online / 7 December 2020, 16:30–18:00 GMT
Research Topics Finance With Purpose
When we invest, our monies pass through a complex chain of financial intermediaries to corporates or governments who are expected to be able to generate value over our investment timeframes. The purpose of this system is, arguably, to generate returns for investors commensurate with their risk appetites; over the long-term this should be consistent with driving capital to those entities that will thrive in a world converting to carbon-neutrality.
But in practice, does the structure and incentives of the industry prevent this happening? This event, hosted by Chatham House's Hoffmann Centre for Sustainable Resource Economy and FinSTIC, explores the current structure of the investment industry through a systems lens.
How well does it work? Does the interaction of key participants result in financial flows being directed to long-term, carbon-neutral investments? Ultimately, what is the purpose of the investment system, and what changes in behaviours are required to achieve the necessary redirection of capital that the climate crisis urgently requires?
This event, hosted by the Chatham House Sustainability Accelerator and FinSTIC, explored the current structure of the investment industry through a systems lens.
Ana Yang, Executive Director, Chatham House Sustainability Accelerator
Nico Aspinall, Chief Investment Officer, B&CE
Sally Bridgeland, Senior Consultant, Avida International
Louise Dudley, CFA, Portfolio Manager, Federated Hermes
Ashok Gupta, Chair, FinSTIC
Meryam Omi, Head of Sustainability and Responsible Investment Strategy, Legal & General Investment Management
Nick Silver, Founder & Chairman, Climate Bonds Initiative