ESG is a journey, not just a destination

The rise of ESG is prompting some bold headlines: “Almost 60% of mutual fund assets will be ESG by 2025.” “ESG funds forecast to outnumber conventional funds by 2025.” “ESG as it is today won’t exist in 10 years – it will be the norm” and so on… But viewing the...

Investment fund industry: new decade, new thinking

“We believe that sustainability should be our new standard for investing.” This was written in bold characters in the latest letter from Larry Fink to BlackRock’s clients. It would be easy to dismiss these words as just an attempt to liberate the firm from its...