Thomas Rostron: The critical role of ACDs in the march toward ESG

Authorised corporate directors (ACDs) are rightly getting more attention, especially with regards to the role they play in the governance and supervision of the underlying investment manager. However, one aspect that has been overlooked is the role the ACD plays in relation to responsible investing. This is worth addressing and exploring, particularly given the explosion of interest and focus on ESG. The ACD's role The ACD has ultimate regulatory responsibility for a fund, acting as an independent steward protecting the interests of investors. It also oversees the activity of the i...