Did the UK Office for National Statistics avoid the political challenge from pensioners and bond-holders of moving to a lower measure of inflation when it published its decision not to change RPI? Or has it empowered those using the price indices to choose the most appropriate measure for their situation by offering an alternative in the form of RPIJ? What was wrong with RPI anyway, and what is RPIJ?
‘Does paying passive managers to engage improve ESG performance?’ is a paper by Professors Marco Becht, Julian Franks, Hideaki Miyajima and Kazunori Suzuki. The paper is the recipient of a prestigious PRI (Principles for Responsible Investment) 2023 award. Marco, Julian and Kazunori visited Oxera on 14 September 2023 to present… Read More