Populism and Responsible Investment - the remix

Shot By Both Sides

I’m sure a lot of people who read my Substack will already be aware of the story in the past few days about the LGPS fund where a change in political control of the administering authority, with a more populist party now in charge, has seen a significant change in the approach to Responsible Investment.

I’m of course referring to Hackney council, which was won by the Green Party in the recent local elections. The pension fund is now looking at implementing an exclusions policy based on human rights violations. I think this will obviously seek to cover the Occupied Palestinian Territories.

And I’m of course also referring to Nottinghamshire council, which was won by Reform UK in last year’s local elections. This week the Reform-led Nottinghamshire Pension Fund voted to withdraw from the Local Authority Pension Fund Forum over climate change policy, according to reports.

Hate To Say I Told You So

This kind of development, with LGPS funds seeing populists to Right and Left pull them in different directions, is something I covered in last September’s webinar on Populism and Responsible Investment.

I believe we are only going to see more of this.

With that in mind, I thought this is the right time to run a further webinar on Populism and Responsible Investment.

This will cover:

• Reform UK’s continued growth on the Right and the rise of the Greens as a populist force on the Left

• Populist rhetoric relating to markets

• Changing political influence over pension funds

• Emerging initiatives that seek to give the public / beneficiaries a greater voice

You can register online HERE

Please feel free to forward to anyone who might be interested, it will be a free event.

I hope you can make it!

PS. Look out for song title references…