Ethical Hedge Fund Beats 97% of Peers by Dodging Tech Rout
- Trium says easy ESG trade of hoarding tech stocks now riskier
- Firm’s ESG Emissions Impact Fund has returned 5.8% this year
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This year’s slump in U.S. technology stocks has the potential to drive many ESG investors toward Europe in search of better returns, according to a top-performing sustainable hedge fund.
While big-name technology companies such as Facebook owner Meta Platforms Inc. have long been mainstays of ESG funds, there are plenty of European companies that offer more enduring environmental, social and governance attributes, said Donald Pepper, co-chief executive of Trium Capital LLP.