Wed, Jan 29, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Can environmental, social, and governance screens further reduce investment risks in portfolios?

Friday, March 17, 2017

Matthias Knab, Opalesque:

The Institute for Innovation Development writes on Harvest Exchange:

We recently sat down with Matthew Blume, CFA, Portfolio Manager and Manager of Shareholder Activism at Pekin Singer Strauss Asset Management - an independent wealth management firm and advisor to the Appleseed Fund (APPLX, APPIX) to learn about their views on business innovation, ESG screens and how they apply them to their socially responsible investment process in their mutual fund.]

Hortz: Why do you claim that adding environmental, social, and governance screens, as you do, can further reduce investment risks in your clients' portfolios?

Blume: Companies that fail to address their environmental, social, and governance impacts face substantial legal and regulatory risks, in our estimation. When a company focuses on improving its safety performance, it reduces the risk of a safety-related lawsuit. When a management team is already looking to improve its own environmental performance, the likelihood of a large environmental-related liability is diminished. When management incentives are properly aligned with shareholders, managers are less likely to risk a company's competitive positioning for a short-term gain of the stock price.

But beyond that, they also risk their reputations and their social......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Private equity firms are struggling to recruit and retain young talent, AI startup funding hit new high of $26.6bn in 2019, Abu Dhabi invests $16.3m in new batch of innovation-focused startups[more]

    Private equity firms are struggling to recruit and retain young talent From Institutional Investor: Private equity executives at firms of all sizes are trying to figure out how to better attract and retain younger staff, resorting to tactics such as offering free lunches and relaxing thei

  2. New Launches: GoldPoint Partners closes $678m Select Manager Fund, Two Sigma raises nearly $300m for new venture capital fund, Russia to set up $9.6bn infrastructure fund - RDIF's Dmitriev, Axa IM fund taps into Chinese equities, ArcTern Ventures raises $200m cleantech fund, Canapi Ventures launches first $545m fintech venture funds, Private equity firm Goldner Hawn raises $289m for new fund[more]

    GoldPoint Partners closes $678m Select Manager Fund Opalesque Industry Update - GoldPoint Partners announced the successful closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, L.P. The Fund closed on $678 million of commitments, a 150 percent increase from its

  3. TCA credit hedge fund shuts amid SEC probe; Investors seek exit, Whistleblowers say Florida investment firm has inflated value, earnings of its main fund[more]

    TCA credit hedge fund shuts amid SEC probe; Investors seek exit From Bloomberg: Florida-based investment firm TCA Fund Management Group Corp. is shutting its main credit hedge fund after the Securities and Exchange Commission probed its accounting and customers moved to withdraw their mon

  4. Investing: JPMorgan takes contrarian view of energy stocks, How Extinction Rebellion's British hedge fund backer profits from 'dirty' firms, Value investing's time is coming again soon[more]

    JPMorgan takes contrarian view of energy stocks From Institutional Investor: JPMorgan Chase & Co.'s asset management group sees investment opportunity in beaten-down energy stocks, a contrarian view as it looks beyond the sector's reputation for "poor capital discipline." "Our portfo

  5. Europe: UK Universities Superannuation to give DC plan access to private markets, Active management drives Industriens Pension's 12% 2019 return[more]

    UK Universities Superannuation to give DC plan access to private markets From CIO: The £68 billion ($88.9 billion) Universities Superannuation Scheme (USS), the UK's largest private pension, will begin allowing members of its defined contribution funds to invest in private market as