November 26, 2019 | London, UK
Investing based on environmental, social and governance-based measures has suddenly become mainstream. Everyone from pension and sovereign wealth funds through to mass market retail is asking for funds which either negatively screen out or positively select shares and businesses with a commitment to doing ‘the right thing’ – however that may be defined.
But as this sector has grown almost exponentially, the questions and critiques have started to multiply. How accurate (and useful) are the index screening methodologies? What’s the impact of the selected businesses in real world challenges? Is the whole movement one giant example of virtue signalling by a liberal financial elite?
