How Duties of Investment Banks Have Changed Over the Course of Time

The company that generally go to investment banking companies for their financial advisory services are companies that are either big corporates with a staff strength of more than 300, or those that are largely growing in business. It does not just have to be intangible entities but also high performing entrepreneurs or High Net worth Individuals (HNIs), featuring in the fortune list. This is because to be a part of the investment game that these investment banks deal with, you need to be a big player, a shark in the game as well. Investment bankers do not just see to increase yours or your company’s net worth, they strive to expand the boundaries of your business to wider scales.

Other than performing functions like the mergers and acquisitions, underwriting, taking care of the shares and equities, one of the newest responsibilities that have been given to the investment banks are the ESG funds in India. These funds are not like any regular funds, this is an investment that every giant corporation is required to make to keep their good will in standing as a proof of doing their bit in doing business ethically. It is important for the investors and the stake holders to see that the business they have put their money into, cares about the environment and the human relations as well. ESG funds which are the Environmental, Social and Government factors, make the company invest in betterment of their business internally.

So, the responsibility of the investment banks are no more restricted to advising their clients about stocks and shares, mutual funds and long only funds, but to also make sure that their client is following the guidelines laid down by the ESG mandate. Investing in this type of fund will get their client the goodwill they deserve and gain trust of other investors.