Ralph McClelland comments on impact investment in Pensions Expert
Partner, Ralph McClelland, urges trustees to hand impact investment strategies with care.
The comments in Pensions Expert follow the announcement by the South Yorkshire Pension Authority that it plans to increase its local investing efforts to support property development in the region.
McClelland explains that trustees need to focus on the purpose for which they hold their investment power, “as this is the essential feature of their fiduciary duty”, and highlights that “trustees should take care to ensure they have gone through a proper process and have acted prudently for the right reasons”.
Read the full comment and article in Pensions Expert