Behavioural finance and the ESG hustle: diverting attention
ANALYSIS: ESG is a gold mine for fund managers in that it allows them to differentiate their product for a higher price.
ESG investing is huge – according to all its cheerleaders.
Dear gentle reader, the last column introduced Hersh Shefrin’s paper, ‘ESG and Behavioural Finance’ then detailed some of his notable findings in the field of behavioural finance. This week we look at the ESG hustle through the lens of behavioural finance.
I am very sceptical of the ESG
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