Stephen Laipply, the US head of fixed-income ETFs at BlackRock, explains why ETFs focused on safe and simple Treasuries have attracted funds this year after the bond market's worst year on record in 2022.
Any benefit from incorporating ESG credentials into a portfolio is already captured by other well-defined equity factors.
High ESG scores lead to both higher equity valuations and lower bond spreads.
Clients often chase attention-grabbing stocks and severely underperform the market due to active trading.
After all, 300 years of investing advice has basically given the same guidance.
Gerber’s firm, Gerber Kawasaki, holds around 440,000 Tesla shares as of December 31.
The absence of comparable data presents a major hurdle for examining firms’ ESG factors.