Unhedged

The ethics of investing for dictators

Toby Nangle is a regular contributor to the FT. Before he was a journalist, he was an asset manager for more than 25 years, and many of his clients were sovereign wealth funds. And some of the sovereigns of those wealth funds were doing things that made Nangle uncomfortable. So he quit. Today on the show, we discuss a massive problem faced by the investment industry: the ethical behaviour of its clients.  For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a> You can email Robert Armstrong at <a href="mailto:rob.armstrong@ft.com" rel="noopener noreferrer" target="_blank">robert.armstrong@ft.com</a> and Katie Martin at <a href="mailto:katie.martin@ft.com" rel="noopener noreferrer" target="_blank">katie.martin@ft.com</a>.  Register now for the FT Weekend Festival, and claim £24 off your pass using promo code FTPodcast at: <a href="http://ft.com/festival" rel="noopener noreferrer" target="_blank">ft.com/festival</a> <a href="https://www.ft.com/content/92302e15-002c-41b4-93cb-7ec07f7ac1ef" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.