We wrap up our special series by examining how private credit integrates ESG into its various strategies. While credit managers are typically not involved in the direct management of businesses they finance, impact investing is an exception. According to a recent PDI article, private debt represents 34% of all impact investing AUM, with real assets […]
Traditionally ESG resided in public equities given shareholder’s ability to change corporate behavior. But more sophisticated tools would be needed to track ESG compliance and opportunities. ESG integration describes how investors incorporate all aspects of environmental, social and governance in their risk analysis of a business or manager… ▶︎ Read May 9 2022 newsletter: here […]
So far in this special series we’ve outlined the history of the ESG movement, its complexities and challenges, and current themes in climate and social change, and governance. Compelling dynamics are behind ESG, but organizing or regulating it goes beyond borders and jurisdictions… ▶︎ Read May 2 2022 newsletter: here ▶︎ Chart of the Week: […]
Now we come to the G in ESG. The governance link to environmental and social goals was cemented by the sub-prime debacle in 2009. Corporate malfeasance and lack of transparency propelled the need to identify future responsible ESG parties and enforcement… ▶︎ Read Apr 25 2022 newsletter: here ▶︎ Chart of the Week: here (by […]
As with climate change, diversity, equity and inclusion, with its goals of broad representation, fair pay and equal opportunity have become the lens through which investors are judging both managers’ investment selections and their internal DEI efforts… ▶︎ Read Apr 18 2022 newsletter: here ▶︎ Chart of the Week: here (by Bloomberg, BofA US Equity […]
Despite the politics of climate change, the burden of scientific evidence and rise in extreme weather events has compelled global policy makers to largely unite their efforts towards decarbonization. One of the most significant is the Net Zero Asset Managers initiative… ▶︎ Read Apr 11 2022 newsletter: here ▶︎ Chart of the Week: here (by […]
Last week we took our eight-year daughter to the library to stock up on books from her reading list. (The Today’s ESG river had many tributaries. From Mosaic law in 1500 BC and the Koran, to 18th century England, to the 20th century’s socially responsible investing, or SRI, all have joined doing business with doing […]
Last week we took our eight-year daughter to the library to stock up on books from her reading list. (The “Ready, Freddy!” series, in case you’re curious.) On the way out, a mother and her two young sons preceded us. The boys ran into the automatic revolving door. “No,” she said. “Come this way,” opening […]
Investors are settling into the view that economic effects of the war in Ukraine will be more local than widespread. As the head of equities for a top European asset manager said, “You can draw a correlation map between proximity to the conflict and market impact.”… ▶︎ Read Mar 21 2022 newsletter: here ▶︎ Chart […]
It was almost a clean getaway. Two years since it emerged, Covid was crumbling. Vaccinations and infection immunity were finally having an effect. Hawaii became the last state to announce an end to indoor masking… ▶︎ Read Mar 14 2022 newsletter: here ▶︎ Chart of the Week: here (by Nuveen, BEA, Bloomberg) (Any “forward-looking” information […]