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ESG Newsletter

    ESG Demand Is Hitting Records. But Asset Managers’ Jobs Just Got Harder.

    2022-04-11

    Institutional Investor: With demand at a record high — and an equal number of competitors bidding for the business — asset managers need to launch more specialist products if they hope to attract a critical mass of investors.

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    A Good Time to Re-assess the Value of ESG Investing

    2022-04-11

    City A.M.: No City earnings call, annual report, or even chief executive interview is now complete without a mention of what a firm is doing to meet its ‘ESG goals.’ At times this has bordered on the ludicrous: Terry Smith, the legendary investor, found a warm audience to his critique of Unilever attempting to define the purpose of Hellmann’s mayonnaise. 

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    ESG ETFs Are Experiencing ‘Greeniums,’ Says Buckingham Strategic Wealth’s Larry Swedroe

    2022-04-11

    CNBC: Over the last five years, good ESG stocks have seen a huge jump in cash inflows and higher valuations, resulting in a short-term green premium, or “greenium,” for the asset, Buckingham Strategic Wealth’s chief research officer, Larry Swedroe, told CNBC’s “ETF Edge”.

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    Russia’s War Bodes Poorly for World’s Resource Struggle: Grantham

    2022-04-07

    BNN Bloomberg: Russia’s invasion of Ukraine has exacerbated already historic demands on the resources that enable global growth, Jeremy Grantham, co-founder of Boston-based asset manager GMO, wrote in a new commentary. 

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    RBC CEO says “Orderly Transition” to Net Zero Crucial

    2022-04-07

    Investment Executive: Royal Bank of Canada’s chief executive officer says an “orderly transition” to a net-zero economy is crucial, as he faced questions and criticism about the bank’s climate strategy and ongoing financing of fossil fuels during its annual shareholder meeting.

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    It’s Time to Stop Talking About ESG

    2022-04-07

    FT Adviser: From being almost totally unheard of a few years ago, it now pops up in every new fund, strategy and even job title that lands in my inbox with a metaphorical thud.

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    ESG ‘Engagement’ in Crosshairs of $10 Trillion Asset Owner Group

    2022-04-06

    BNN Bloomberg: An influential coalition of asset owners overseeing a combined $10 trillion is calling for adjustments to a strategy known as ESG engagement in an effort to reduce carbon emissions more effectively.

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    Nearly One in Five Firms Plan to Take No Stand on Russian War

    2022-04-06

    BNN Bloomberg: Almost one in five companies plan to take no stand on Russia’s invasion of Ukraine, slightly more than those who have publicized their position on the war, illustrating the reluctance of corporate leaders to speak out on hot-button issues.

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    Hedge Fund Firms Hired Women for Almost Half of New ESG Jobs

    2022-04-06

    BNN Bloomberg: Globally, 49.6% of ESG hires were women in 2020 and 2021, according to a study issued Wednesday by HFObserver, an online data platform that tracks employment in the alternative asset management industry. By contrast, women made up only about 29% of overall hires in the sector.

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    Investors Dropped Oil Due to Underperformance and ESG Concerns. Now They’re Reconsidering.

    2022-04-05

    Institutional Investor: Underperformance and environmental concerns drove investors away from oil and gas investments for years. But now, as the market paradigm is shifting, some investors are reconsidering that decision — and what they should do next. 

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