Gustavo Bernal Torres
ESG and Alpha: Sales or Substance?
This article sets aside the question of the social and environmental impact of ESG investing to examine claims that ESG funds deliver alpha.
The opportunity to generate alpha with lower beta and planetary impact has proven to be an extremely effective way to market funds.
Below we discuss the rationales provided by ESG investment practitioners and assess each theory’s logical validity.
Source: https://www.institutionalinvestor.com/article/b1wxqznltqnyzj/ESG-and-Alpha-Sales-or-Substance