Are you sure you want to change languages?
The page you are visiting uses a different locale than your saved profile. Do you want to change your locale?
Receive video updates on financial markets, macroeconomic policy and more from Altaf Kassam, EMEA Head of Investment Strategy & Research.
Video (2:29)
Speaker : Altaf Kassam
Two years ago, my son gave my family a shock – he was turning vegetarian. Soon after, he surprised us again by resolving to stop flying. He was always very environmentally aware and both decisions were taken to reduce his carbon footprint. Yet, he also loved steaks, burgers and exotic holidays. Since then, he has stuck to his principles and never wavered, however inconvenient.
We are witnessing a similar shift from our clients when it comes to ‘ESGising’ their investments. A growing number of studies show that ESG investments generally exhibit robust performance, especially through crises, and more importantly, they add value, which becomes more significant over longer time horizons.
These findings should be carefully considered by investors who feel they are walking a tightrope between integrating their ESG criteria and fulfilling their fiduciary duties – a false dichotomy, but a perception, nonetheless.
As a result, we now see ESG considerations starting to outweigh traditional investment metrics in clients’ portfolios. I think that with rising ESG adoption we are going to see further changes in two stages:
Who knows, I might turn vegetarian myself one day, but probably not overnight.
The information contained in this communication is not a research recommendation or ‘investment research’ and is classified as a ‘Marketing Communication’ in accordance with the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation. This means that this marketing communication (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research (b) is not subject to any prohibition on dealing ahead of the dissemination of investment research.
This video is provided for informational purposes only and should not be considered investment advice or an offer for a particular security or securities.
The views and opinions expressed by the speaker are those of his or her own as of the date of the recording, and do not necessarily represent the views of State Street or its affiliates. Any such views are subject to change at any time based upon market or other conditions and State Street disclaims any responsibility to update such views. These views should not be relied on as investment advice, and because investment decisions are based on numerous factors, may not be relied on as an indication of trading intent on behalf of State Street. Neither State Street nor the speaker can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Please consult your tax or financial advisor for additional information concerning your specific situation. This video cannot be used for commercial purposes and not all products and services in this video are available for investments in your region.
The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without State Street Global Advisors’ express written consent.
Investing involves risk including the risk of loss of principal.
© 2021 State Street Corporation. All Rights Reserved.
https://www.ssga.com/global/en/our-insights/state-street-global-advisors-worldwide-entities.html
3506325.1.1.EMEA.RTL
Exp. Date: 3/31/2022
How should investors evaluate tracking error in light of internal and external pressure for more ESG integration?
Chinese government bonds are a must own part of the furniture for any multi-asset portfolio, which will keep our investments warm as the chill winds of risk aversion, blow through.
What teenagers can teach you about prospects for the technology sector.