Learn More
<https://castlehalldiligence.com>
shutterstock_375019411

ESG Newsletter

    Wall Street Fund Giants to Show Their Cards on Climate

    2022-04-27

    BNN Bloomberg: Over the next month or so, corporate executives will find out just how serious BlackRock Inc., Vanguard Group and State Street Corp. are about combating the climate crisis.

    Read more...

    Countering Critics, Study Shows U.S. Equity Managers Aren’t Charging Higher Fees Based on ESG

    2022-04-27

    Institutional Investor: A focus on environmental, social, and governance issues isn’t giving asset managers the leverage to charge higher fees — at least those who invest in U.S. stocks. 

    Read more...

    Canadian Activists Ask Bankers to Close ESG Debt Loopholes

    2022-04-25

    BNN Bloomberg: Investors for Paris Compliance, a climate change activist group, is asking bond and loan industry trade associations to tighten principles used to issue environmentally-friendly labeled debt that they say currently enables some borrowers to effectively increase pollution.

    Read more...

    PE Investment in US Clean Tech Rose to Over $27 Billion in 2021, Says  New Report

    2022-04-22

    Private Equity Wire: Private equity investment in clean technology surged to over $27 billion in 2021, up from roughly $20 billion in 2020. Private equity firms have invested almost $150 billion and sponsored more than 1,000 US clean technology companies over the past decade.

    Read more...

    Utah Blasts S&P for ‘Politicized’ State ESG Indicators

    2022-04-22

    Yahoo Finance: Utah’s governor and its federal lawmakers are objecting to S&P Global’s move to publish ESG indicators for U.S. states, calling it an undue politicization of the ratings process.

    Read more...

    Hedge Funds’ Disputed ESG Strategy Gets a Thumbs Down From MSCI

    2022-04-21

    BNN Bloomberg: The hedge-fund industry’s claim that short-selling is an effective way to do environmental, social and governance investing is questionable on several levels, according to MSCI Inc. 

    Read more...

    Carl Icahn Calls Out Wall Street ‘Hypocrisy’ Over ESG Investing in Letter to McDonald’s Shareholders

    2022-04-21

    CNBC: Carl Icahn released his letter to McDonald’s shareholders on Thursday, calling out compensation among the company’s top ranks and Wall Street firms for their ESG investing policies.

    Read more...

    VC Funds Have a Diversity Problem

    2022-04-20

    Private Equity Wire: Venture capital fundraising in the US reached an all-time high of USD330 billion in 2021. But through one lens, things look very much the same as they did 10 years ago. The capital is still not finding its way into female-led start-ups. 

    Read more...

    ESG Proves Useful for Bond Funds

    2022-04-19

    Investment Executive: The benefits of sustainable bond strategies can outweigh any potential loss of opportunities. “Investors now are under even more scrutiny to ensure that they’re not lending to unstable governments or companies,” said Avi Hooper, senior portfolio manager with Toronto-based Invesco Canada Ltd.

    Read more...

    Classification of Canadian ESG Funds Moves One Step Closer

    2022-04-13

    Advisor's Edge: The Canadian Investment Funds Standards Committee (CIFSC) released a second draft of its responsible investing identification framework for mutual funds, ETFs, segregated funds and pooled funds.

    Read more...

    About Castle Hall Diligence

    Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

    Subscribe to Weekly ESG Updates