Minisode - Inside a Top-Performing Global ESG Fund
No strategy has collected more assets over the last five years than investing based on environmental, social, and governance (ESG) principles. Virtually every major asset management firm has stepped up their commitment to ESG, along with introducing new funds to meet client demand. But not all ESG products are the same. They vary along important dimensions, such which metrics they use for screening out companies and industries. Here to talk with me today are two people who have been at the forefront of the ESG movement.
Revisionist History in ESG Ratings
Investors following an ESG mandate can achieve their goals only if they can accurately and consistently identify stocks that meet their criteria. But new research shows that those criteria have been subject to arbitrary revisions and that there are wide discrepancies among the vendors providing the data.
Elon Is Wrong About Bitcoin. Crypto Miners Are Key to Renewables' Success
I don’t question Elon Musk’s good intentions, but I respectfully disagree with the underlying insinuation that crypto miners in particular are a threat to the climate. It’s just not true, for reasons I explain below.
The Valid and Not-So-Valid Reasons for Rejecting Annuities
A host of impediments stand in the way of allocating funds to annuities. Some issues relate to brokers or advisors, and others involve their clients. Some are valid, but others are questionable and reflect irrational behavioral biases.
No Country Has Ever Taxed Itself into Prosperity
One of my all-time favorite quotes comes from Winston Churchill, who was just as witty as he was a great leader: “We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”
Climate Change Sectors Heat Up
From digital factories to plant-based clothing, climate change investing is much more than just investing in renewable energy, according to the Templeton Global Equity Group.