ESG ETFs 'not the right tool' for positive impact

Passive products have 'significant limitations'

James Baxter-Derrington
Fred Kooij of Tribe Impact Capital

Fred Kooij of Tribe Impact Capital

Exchange-traded funds (ETFs) and passive products are "not the right tool" to achieve both financial and positive impact return, according to Fred Kooij, chief investment officer at Tribe Impact Capital.

With 45% of actively managed UK equity funds underperforming the S&P UK BMI benchmark year to date, according to a recent Spiva report, it is difficult to pick the right active managers and justify their...

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