Fama, known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis, was speaking to Uday Kotak, managing director and CEO of Kotak Mahindra Bank
ESG investing, or "sustainable investing" is about responsible business conduct, and cigarette firms were globally being screened out by this class of investors
These findings are part of a new study on ESG
"Mid caps and small caps are much more exposed to the uncertainties related to the pandemic, so it would be harder to find value and avoid mistakes"
The investment pool around the world is estimated to be about USD 45 trillion, of this USD 12 trillion comes under ESG
Google parent issued a $5.75 billion sustainability bond, the largest such offering in history
Of the 140 companies that responded to a survey conducted by Bank of America (BofA) Global Research, more than 70 per cent had an ESG or sustainability policy in place
Study shows companies with ESG stocks outperform, suffer lesser earnings cut
Governance is a journey, not a destination
The schemes primarily aim to invest in securities that favour the ESG criteria, and avoid names that go against it