It’s a tale as old as time. Monkey see band wagon, monkey get on the band wagon.
This was the week were Bitcoin got its bad boy image back – partly because it puts out more carbon dioxide than a small country countries, but mainly because a billionaire playboy (come playadult) tweeted about the previous fact.
We’ve been doing some work here at Edgefolio to see what the world of ‘ESG’ funds really looks like. With our Fund Platform technology we’re in a unique position to be able to search through our database of 150,000+ funds, looking for fund names and descriptions with the most popular ‘ethical’ investing terms.
You have done a great job of delivering results, gathering your contacts in one place and you are ready to hit the ‘send’ button. Are you sure that you are doing this correctly though? The best funds out there follow one simple mantra to get better results.
Legacy systems and legacy thinking can also be formidable barriers. The status quo is hard to challenge when profit margins are reportedly around 40 percent.