ESG & Investing
Hedge Funds Chasing ESG Billions Get Help From Researchers
- Industry group publishes study showing cost-of-capital impact
- Findings feed into heated debate on merits of ESG shorting
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Hedge funds eager to prove that short-selling is a legitimate ESG strategy just got some fresh material to back their case.
A study published by the Managed Funds Association indicates that targeted short-selling campaigns could slash up to $140 billion in capital expenditure at the biggest carbon emitters in the S&P 500 Index by pressuring them to clean up their acts.