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Contents 12


Interview: Paddy Dowdall The assistant executive director of the Greater Manchester Pension Fund discusses build back better, making an impact and investing locally.


36 Charities


Has investment optimism returned to the UK’s charities following the uncertainty caused by Covid?


42 Diversity


One of the biggest takeaways from our first diversity webinar is that making corporate leadership more diverse will take time.


46


Fiduciary duty With the dynamics of the industry changing, how are institutional investors managing the new landscape?


6 News 8 Noticeboard


9 The Big Picture 10 Industry view


21 ESG Industry view 24 ESG News


41 Diversity News 50 The final countdown


Issue 109 | December-January 2022 | portfolio institutional | 5


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