Australian institutions' ESG policies evolve amid rising scepticism

The increased scepticism towards ESG as a broad concept is resulting in greater scrutiny of ESG funds by institutional investors. For all the talk of a backlash against ESG in the US however, the negative effect on investor attitudes elsewhere has perhaps been overstated.  There has always been a healthy scepticism applied to ESG-badged investments by asset owners, according to Alex Zaika, managing director, Australia at GAM Investments.   “Australian institutional investors …