Alex Bernhardt, Senior Responsible Investment Consultant at Mercer, says poor performance because of responsible investing is a myth that needs to be ignored.
Bernhardt shared his thoughts at the recent Global Responsible Investing Forum in New York, stating that not only is there not a penalty but in some cases, there may be a performance premium.
Often with Socially Responsible Investing, many take the exclusionary approach and reduce or eliminate investments in “sin stocks”. Analysis of the data showed such reductions either had a positive effect or made little difference.
Read more to see what else he shared on exclusionary investing.