abrdn has launched its new ‘Sustainability Group’, which will see the appointment of a new sustainability team and 24 SICAV funds converted to Article 8 mandates.
The new group, which will oversee abrdn's overall investment processes and develop new frameworks and standards, will be headed up by global head of responsible investment Amanda Young, who will be promoted to the executive role of chief sustainability officer. Young's new role will mean she sits on abrdn's Investment Vector Executive for investments to ensure sustainability standards are met across the business. She will report to the firm's CEO for investments Chris Demetriou - who looks after UK, EMEA and Americas - and Rene Buehlmann, who heads up the APAC regions. Young has made ...
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