CAIS20: Hedge funds bullish on ESG

February 7, 2020 9:14 am |
Day 1 Fast-and-Furious-panel Barbara Ann Bernar

By Igor Pakovic

Hedge fund managers have highlighted a growing preference for ESG-compliant companies, despite a lack of quality data that is hindering their ability to identify and profit from ESG opportunities.

Speaking at the Cayman Alternative Investments Summit today, several hedge fund managers and service providers said they have a positive bias for companies committed to ESG policies and are strategising their investments accordingly.

Barbara Ann Bernard, founder and CIO of best-ideas global long/short equity Wincrest Capital, said it has never been riskier not to run a sustainable firm, as intangible assets such as the brand and the customer loyalty of public companies account for “85% of the value of the S&P500.”

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