The adage of sacrificing returns for the sake of ‘doing good’ with investments is a “convenient excuse” for advisers to avoid engaging their clients with sustainable investing effectively, according to speakers at the Sustainable Investment Festival 2023.
Discussing the best way forward for investors, regulators and companies to work together to improve the impact they have on the environment and society, Tribe Impact Capital co-founder and chief impact officer Amy Clarke was asked about the "legitimate concerns around putting clients in a product that is doing what it says it is" and in particular "this issue around performance". Sustainable and ESG-focused funds have taken a hit to performance over the past 12 months, as the more growth-biased sectors favoured by the trend, such as technology, have been affected by rising inflation and ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
