Mizuno: Active manager ESG teams meet CEOs without knowing if they hold shares
Hiro Mizuno · Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148) · Jul 9, 2020 · at 43:27
Hiro Mizuno, former CIO of Japan's GPIF, critiques internal operational disconnects within active asset management firms between stewardship teams and trading desks.
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“There's a lot of time we observe their stewardship team or like engagement manager go to meet their CEO without even knowing whether their fund actually owns that company because the fund manager trade in their own discretion.”
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