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By Gianluca D’ALESSIO, Senior Portfolio Manager at GreenEthica by FIA A.M.
2020 has proved to be a year of great volatility on markets. COVID-19 crisis led to huge drawdowns in the first quarter, but then markets recovered, driven mainly by the supportive policy measures implemented by central banks and governments. In this context, ESG portfolios showed resiliency and the ability to deliver superior performances with lower volatility compared to non-ESG strategies.
After the dramatic drop in March, major markets recovered significantly. This resurgence has been driven mainly by the supportive policy measures implemented by central banks and governments, leading to the best quarter for stocks since 1998 and to closing the year in green...
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