The new alliance, supported by the UN-Supported Principles for Responsible Investment and the UK’s Department of Health and Social Care, was co-ordinated by Farm Animal Investment Risk & Return (Fairr). It has been funded by the investor Jeremy Coller, chairman of Coller Capital, who said: “The number one user of antibiotics worldwide is animal agriculture. This must change . . . [It] is crazily irresponsible behaviour.”
In the next five years, investors expect conditions to swing in their favour including a reduction in fees; 1 in 5 expect an overall reduction in carried interest rates. “We have experienced one of the longest stock market expansions in history,” said Jeremy Coller, chief investment officer of Coller Capital, “but investors know that winter is coming. They are telling us that differences in the quality of managers’ strategies and teams will again lead to a significant divergence of returns between GPs – just as it did in the [Great Recession].”
