ESG ETFs 'not the right tool' for positive impact

Passive products have 'significant limitations'

James Baxter-Derrington
clock
Fred Kooij of Tribe Impact Capital
Image:

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...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

The ETF will invest in the constituents of the index, "largely in the same proportions" in which they are included.

HSBC Asset Management launches semiconductor ETF

TER 0.35%

Nafeesa Zaman
clock 26 January 2022 • 1 min read
The asset manager aims to achieve Article 8 status for the majority of its collective funds domiciled in Europe by the end of the second quarter
ESG

Aviva Investors' Irish liquidity funds to offer early Article 8 option for clients

£38.5 billion fund range

Nafeesa Zaman
clock 26 January 2022 • 2 min read
ESG concerns: How green is gold?
ESG

ESG concerns: How green is gold?

Gold has not been immune to ESG shift

Ruth Crowell
clock 26 January 2022 • 4 min read
Trustpilot