Hedge funds seek ESG factor
The search for ethical or ‘responsible’ shares is proving very difficult due to lack of data and overlapping characteristics, reports the Financial Times.
BY HELLA ANDERSEN
Big-name hedge funds such as Man Group and Caxton Associates are -- according to the Financial Times -- part of a large group of investors hunting for reliable ways to identify stocks with strong or improving ESG characteristics that are likely to beat the market more often than not.
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