Tens of trillions of global investment dollars are pouring into companies toutin...
LONDON - Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity.
The fact short-sellers, who look to exploit information gaps, are targeting the ESG sphere underlines the complexities facing investors in accurately gauging companies’ sustainability credentials. Teenage climate activist Greta Thunberg last week spoke of CEOs masking inaction with “creative PR”. Some short-sellers, including Carson Block of Muddy Waters, Josh Strauss of Appleseed Capital and Chad Slater of Morphic Asset Management, argue share prices can be bolstered by corporate misrepresentation about sustainability, or so-called “greenwashing”.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Opinion | Warren’s Economic IllusionsFrom WSJopinion: A new analysis says Warren’s wealth tax would fall short—by $1.5 trillion, writes The Editorial Board.
Consulte Mais informação »
The Fed is ramping up its repo operations to head off year-end funding issuesThere will be several additional offerings that will inject at least another $425 billion into a market that provides critical short-term funding for banks
Consulte Mais informação »
Investors Fight Over Future of Saks Fifth AvenueThe fate of Saks Fifth Avenue hangs in the balance as shareholders fight an offer to take the parent company private using money from its own coffers to fund the buyout.
Consulte Mais informação »
World Bank says donors agree $23.5 billion in new funds for poorest countriesFifty-two countries and other donors have pledged $23.5 billion in new funds for...
Consulte Mais informação »
12 queer artists whose work is making us pay attentionFrom a veteran Latinx performance artist to an Instagram phenom, a nonbinary lettering whiz to a visionary from Uganda, these LGBTQ artists are mastering their mediums.
Consulte Mais informação »
These were the most impactful ETFs of 2019, industry leaders sayESG, or environmental, social, and governance, semiconductors, and bitcoin were some of the most impactful themes in the exchange-traded fund space in 2019, say ETF experts.
Consulte Mais informação »