After years of greed on Wall Street, investors may require ethical management not only because of their personal values but because the growth projections of their investment rely on it.
Today these firms are advising investors regarding a host of legal, ethical and operational mutual fund issues that they are simply unqualified to comment upon.
If all this had happened at a company in the US, where boards are more fastidious about the behaviour of executives and where investors are also pretty hot on punishing executives who cross a putative ethical line, this would already be a hot issue.