The ethics of investing for dictators
Sovereign wealth funds support goods such as pensions and social programs — but also murderous regimes. When does managing money for them become unethical?
Unhedged · Financial Times & Pushkin Industries
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Show Notes
Toby Nangle is a regular contributor to the FT. Before he was a journalist, he was an asset manager for more than 25 years, and many of his clients were sovereign wealth funds. And some of the sovereigns of those wealth funds were doing things that made Nangle uncomfortable. So he quit. Today on the show, we discuss a massive problem faced by the investment industry: the ethical behaviour of its clients.
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