MSCI CEO: Confusion over oil and gas companies in ESG ETFs is unwarranted

ETFs are striving for balance

clock • 2 min read
(Credit: COP26) River Clyde, Glasgow
Image:

(Credit: COP26) River Clyde, Glasgow

Henry Fernandez, CEO of MSCI, has said there has been a fundamental misunderstanding of passive ESG investing and what it is trying to do, in an interview in Glasgow at COP26.

Fernandez said press reports that have shown surprise at ESG index funds that are invested in oil and gas companies are unwarranted. Last week, there were reports of research from Freetrade which found...

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