New impact strategies' performance still a question mark for investors
The universe of sustainable investment strategies has never been larger. But many of these are managed by fund managers who have never experienced a recession. Tread carefully, warns UK-based asset manager.
The latest recession – meaning two quarters of negative economic growth – ended in June 2009 in the wake of the financial crisis. This means that the youngest generation of portfolio managers has only experienced financial markets appreciating year after year.
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