ESG concerns pushing Cerno's Spence away from FAANGs

Sustainability a priority

Elliot Gulliver-Needham
clock • 2 min read

Tech companies beyond the FAANGs are gaining popularity among managers as ESG concerns and valuations push investors away from the big names, according to James Spence, co-founder of Cerno Capital and portfolio manager for the TM Cerno Global Leaders fund.

To continue reading this article...

Join Investment Week for free

  • 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 Equities

Investors scramble for SpaceX exposure despite 'wildly overpriced' valuation

Investors scramble for SpaceX exposure despite 'wildly overpriced' valuation

Accept 'promise of growth'

clock 19 June 2026 • 4 min read
Holland Advisors' Andrew Hollingworth: Fund managers missing out on founder-led returns

Holland Advisors' Andrew Hollingworth: Fund managers missing out on founder-led returns

'Find a genius and hold on tight'

Andrew Hollingworth
clock 16 June 2026 • 3 min read
SpaceX secures $75bn fundraise but investors warned of 'bunfight' for shares

SpaceX secures $75bn fundraise but investors warned of 'bunfight' for shares

Risk of ‘gradual disappointment’

Michael Nelson
clock 12 June 2026 • 2 min read
Trustpilot