Industry News: ESG

ESG Veteran Says Recession Odds Expose Leverage Trap in Strategy

Written by ESG | 10-Jul-2023 1:25:41 PM

2023-07-05

BNN Bloomberg: A recession is coming, and ESG investors may be among those who stand to lose the most. That’s according to James Penny, the chief investment officer of TAM Asset Management and a veteran of ESG investing who correctly predicted the upheaval last year that hit funds dedicated to environmental, social and governance strategies.

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