The most-owned stocks in ESG funds tend to be large caps, shows a study done by Credit Suisse's research team. The team has analyzed 109 active equity funds with a stated ESG, impact or sustainable angle.
In an interview with newssite CitywireSelector.com, Eugene Klerk, global head of ESG research at Credit Suisse, said that large-cap names such as Novo Nordisk from Denmark and Unilever from Britain are popular in Europe, while Taiwan Semiconductor, Alibaba and Tencent lead the way in Asia.
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New sustainability quant manager makes Stockholm key in global conquest: "ESG leadership coming from the Nordic region is really phenomenal"
US-based V-Square Quantitative Management using ESG data as fuel for its investment engine will run its global distribution from Stockholm. Here, the company's President and co-founder Mamadou-Abou Sarr helped a Swedish pension fund develop a low carbon equity strategy in 2013. Sarr tells AMWatch what the firm wants to achieve, and why he is comfortable with the big bill that comes along when buying tons of ESG data.