A $2.5 Billion Hedge Fund Boss Says Clients Balk at ESG Risks
This article is for subscribers only.
A $2.5 billion Swedish hedge-fund manager says clients would like to put their money into sustainable investing strategies, but are unsure of the potential trade-off when it comes to returns.
Serge Houles, managing director and chief client officer at Stockholm-based IPM, says there’s not enough information about the impact on returns of switching to investments based on environmental, social and governance goals.