In the News – Fall 2021

1: FUND MANAGERS FEEL HEAT IN SEC CRACKDOWN OF OVERBLOWN ESG LABELS
With the explosive growth in ESG products in response to consumer demand for sustainable and ethical investments, the Securities & Exchange Commission reviews the criteria companies are using. It is an effort to curtail greenwashing, especially with firms that repackage traditional funds with a green label. Bloomberg

2: HOW ACTIVIST HEDGE FUNDS WENT FROM CORPORATE RAIDERS TO CLIMATE HEROES
A new wave of ESG investors, primarily hedge funds, uses their assets to push for an overhaul of directorships of corporations with a weak focus on long-term social and environmental sustainability. It comes with obstacles, primarily from traditional hedge funds seeking quick and profitable short-term  quarterly earnings. Fast Company

3: EXECUTIVE STOCK SALES ARE UNDER SCRUTINY. HERE’S WHAT REGULATORS ARE INTERESTED IN
Securities regulators are rethinking rules on popular plans that let corporate executives sell stock without violating insider-trading provisions. For example, 10b5-1 plans allow executives to create  schedules for buying and selling shares in the future, but they can modify without disclosure.
Wall Street Journal

4: ENGINE NO. 1 TAKES CLIMATE FIGHT TO OTHER BIG OIL COMPANIES AFTER UNDERDOG WIN AT EXXON
After battling Exxon Mobil for board seats (and winning three) in a historic proxy battle earlier this year, the hedge fund launched an ETF this summer focusing on shareholder engagement.
CNBC

Tags: ,

Stay up to date with our Newsletter!

 
Your name and email are safe with us. We hate spam as much as you do and we'll never share your information with anyone.