Don’t invest in bad ESG companies, hedge funds told
Managers have seen a “sea change” in attitudes to sustainability
BlackRock made headlines in recent weeks when it announced it would divest from companies that derive a quarter or more of their profits from coal in its actively managed portfolios.
But it is not the only asset manager facing pressure to invest more responsibly. Alternative asset managers are reporting a sea change in the way environmental, social and governance (ESG) concerns are being integrated into portfolios, as institutional clients demand their assets be invested more ethically.
Speaki
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