This Thursday 25th October, I have agreed to take part in a debate organised by Mike Tyrell’s SRI Connect website on the subject of Long-Termism. The motion is, “This house believes that the SRI industry should leave the long-term investment agenda to others.” Needless to say I am opposing the motion. At WHEB Asset Management we believe that a long-term approach to investing is a key part of our investment process and of our overall stance as a sustainability investor. Mike was kind enough to write an open letter ahead of the debate entitled Dear George… in which he has laid out some of his thinking on the subject. So I thought it would be polite to respond in kind. The two letters are probably best read in combination, and Mike’s original letter can be found here:
This week WHEB Asset Management, along with partners Social Finance and Abchurch Communications, hosted a seminar under the somewhat ambitious heading of “Only Connect: Trust, Credibility and the Future of the Investment Industry”, as part of National Ethical Investment Week.
Yesterday I spoke at a debate organised by Jamie Harzell, founder of Ethex. The title of the debate, delivered to a packed room at the back of Eat, Shop, Do in Kings Cross, was ‘SRI is for dummies’. I, needless to say, had to contest the motion.