Environmental, social and governance (ESG) issues have taken the financial industry by storm, but a recent study suggests hedge funds are lagging behind other market participants. According to a recent white paper by Peltz International, the ESG sector is estimated to be worth $40 trillion. Hedge Funds Said To Lag Other Asset Managers In ESG Adoption Assets in ESG products have grown 25 times between 1995 and 2020 and tenfold between 2018 and 2020. According to Peltz, some of that growth can be attributed to fund managers merely rebranding their funds as sustainable. Q2 2022 hedge fund letters, conferences and…
Hedge Funds Said To Lag Other Asset Managers In ESG: Here’s Why That Might Not Be Accurate
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.