This brief article is a refreshing reminder that the survival of ESG investing is not dependent on achieving a state of perfect and comparable data sets. To the contrary, imperfect data sets are an opportunity for active managers. And perhaps most importantly, we are reminded that ESG investment vehicles don't make themselves, nor are they the [...]
In this newly published white paper, Rogers and Serafeim deftly walk us through how issues evolve into relevant, material issues. This dynamic has been underdiscussed and remains under appreciated. And yet it is critically important in a world where ESG factors continue to emerge as drivers of return and destroyers of value. How Sustainability Issues Become [...]
Many investors are attracted to the low fees charged by passive index funds. But are these passive funds good stewards of investors’ assets? This Reuters article explores the proxy voting record of passive funds and raises important questions around investor engagement. Or worse, what happens when it is abdicated. Reuters: Index funds invest trillions but rarely [...]
As interest in ESG investing has steadily grown, investment products capitalizing on this demand have flourished. This NPR article explores how ESG fund designed can vary, and how investors can be surprised to learn the extent to which they resemble conventional investing. https://www.npr.org/2019/10/26/771323268/as-investors-try-to-be-more-ethical-some-find-no-escape-from-businesses-they-det
