Large and relatively sophisticated institutional investors are increasingly asking external managers to implement such strategies and seeking to build up their own capabilities, a survey shows.
Focusing on environmental, social and governance factors improves the performance of emerging-market equity indices but not developed-market ones, finds new research.
Concerns have been raised about investors ‘chasing performance’ by investing more into expensive factors like volatility and could suffer from a sharp reversal of this trend. State Street Global Advisors offers a somewhat different view.