ESG & Investing
Fund Managers Find Alpha in ‘Artificially Low’ ESG Scores
- Federated Hermes says lots of ESG names overlooked by markets
- Goldman investment manager sees lack of data as an opportunity
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A lack of reliable ESG data in emerging markets is proving a boon for some of the heavyweights of global finance.
Federated Hermes Ltd. is among investment firms that have spent the past year building its ESG exposure to emerging markets, where it says “artificially low” environmental, social and governance ratings have created openings for investors willing to do their own research.