By: ExecReview
Nov 08, 2019
Global funds management giant Aberdeen Standard Investments has rejected prime minister’s Scott Morrison’s call for companies to listen to “quiet shareholders” as part of a comprehensive rebuff of the government’s attack on activist investors and the environmental movement.
The UK’s biggest listed fund manager, which controls assets worth more than £550bn, also defended the role of environmental groups including Market Forces, which has been accused by the attorney general, Christian Porter, of pressuring companies through “widespread, co-ordinated harassment and threats of boycotts”.