The Barron’s weekly newspaper is the “hot read” for Wall Streeters – both institutional and retail investors alike eagerly absorb the news and opinions of the editors, writers, and columnists. “Did you see Barron’s….?” is a familiar question in the investment community.
And so we ask — did you see Barron’s story this week (Feb 11th issue)? “A New Era of Sustainability Emerges,” tells readers that the flurry of policy directives at the Trump White House has “fueled activism across the country;” it may also light a fire under some investors focused on sustainable business practices.
Columnist Reshma Kapadia says President Trump’s and allies proposals to roll back environmental and financial regulations…and reject climate-change science…the priorities of a growing number of investors who put a premium on environmental stewardship, corporate governance, transparency, and diversity are at odds with the Trumpian-era directions.
“But here’s the thing,” Reshma Kapadia writes, “the political backdrop could actually be good for ‘so-called’ ESG funds…” And then she cites the authority of US SIF and the most recent survey of asset managers using ESG criteria — $US9 trillion, or $1-in-$5 in the US capital markets.
Important: EPFR Global reports that since the November elections, investors have put almost $400 million into ESG stock funds. And quoting Morningstar’s Jon Hale (head of sustainability research), “the political back drop could have a galvanizing effect, as investors look for ways to more explicitly support sustainable ideas.”
This is a report that you’ll want to read and share. ESG investing is just common-sense investing, observes the columnist. It’s one of the most important perspectives in sustainable, responsible and impact investing to appear in the new political era.
Reshma has been with The Wall Street Journal, Smart Money magazine, Reuters, and appears regularly in Barron’s pages.
(Note that you’ll have to register to read or be a subscriber to Barron’s. There are more than 300,000 weekly readers, subscription and newsstand.)
A New Era of Sustainable Investing Emerges
(Monday – February 13, 2017)
Source: Barron’s – The political backdrop could actually be good for so-called ESG funds, which include environmental, social, and governance criteria in their stock-picking.