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MDO Management Company and The Directors’ Office held their 13th annual Private Roundtable on Wednesday 2nd October 2019. Over 90 senior fund industry professionals gathered to examine some of the most pressing issues facing the fund industry in Luxembourg; ESG, regulatory challenges, consolidation in the management company market and the ever present spectre of Brexit.
The plenary address by Markus Löning, formerly Human Rights Commissioner for the German Government who now advises companies on responsible business models, asked the question, “Why are we talking about human rights and what does it have to do with investors’ business?” Markus started by outlining the change in attitude since Milton Friedman’s famous 1962 quote, “The business of business is business,”...
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