ESG pioneer expects shakeout of "fairy dust" funds

The man who coined the acronym ”ESG” is less than impressed with the current state of ESG products.
Paul Clements-Hunt, ESG veteran., speaking at the COP21 summit in Glasgow.
Paul Clements-Hunt, ESG veteran., speaking at the COP21 summit in Glasgow.
By Saijel Kishan, bloomberg

After attracting trillions of dollars, the ESG fund industry is headed for a “shakeout” over the next five years, according to the man who coined the acronym.

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