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By Christophe BOGAERT, Senior Portfolio Manager ESG Analyst at FIA Asset Management
Over the past few years, as environmental, social and governance (ESG) principles become increasingly mainstream, there has been a sharp increase in the number of strategies and funds claimed to apply an ESG analysis within their investment process. However, the absence of a unique taxonomy with uniform enforcement standards (the ESG term itself may still be somewhat perplexing for investors) has led especially in the last two years to numerous rebranding of existing strategies, carried out in order to bring the fund within ESG screenings. Indeed, not all asset managers are rigorous enough in implementing ESG aspects into their portfolios, and this creates a risk of...
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