Scientific Beta

Advisor Magazine: "A new study and subsequent survey results of market participants’ views on that study were conducted and provided by Scientific Beta. (...) Dr Felix Goltz, co-author of the study and Research Director at Scientific Beta, said, “Our study of ESG performance comes to a clear conclusion: when using standard risk adjustments in performance measurement, widely cited findings on positive ESG alpha disappear. Irrespective of performance, however, a key driver of the adoption of ESG investing is that non-pecuniary and risk characteristics of their portfolios matter to investors."

Advisor Magazine 09/11/2021

"(...) A new study and subsequent survey results of market participants’ views on that study were conducted and provided by Scientific Beta. (...) Dr Felix Goltz, co-author of the study and Research Director at Scientific Beta, said, “Our study of ESG performance comes to a clear conclusion: when using standard risk adjustments in performance measurement, widely cited findings on positive ESG alpha disappear. Irrespective of performance, however, a key driver of the adoption of ESG investing is that non-pecuniary and risk characteristics of their portfolios matter to investors. Rather than turning ESG investing in another hunting ground for alpha, asset managers should perhaps take such non-pecuniary and risk objectives seriously. Judging from our survey respondents, focusing on objectives other than alpha is a credible value proposition for ESG investing.” (...)"