Investment Magazine: "The Financial Times quotes Felix Gotz, research director at Scientific Beta and co-author of a paper titled “Honey, I shrunk the ESG Alpha” as saying: “The claims of positive alpha in popular industry publications are not valid because the analysis underlying these claims is flawed with analytical errors enabling the documenting of outperformance where in reality there is none,” Gotz said."
Investment Magazine 27/04/2023
"(...) Corporate adoption of ESG practices has not necessarily generated much in the way of returns for investors amid a high degree of what is deemed to be virtue signalling rather than actual alpha. The Financial Times quotes Felix Gotz, research director at Scientific Beta and co-author of a paper titled “Honey, I shrunk the ESG Alpha” as saying: “The claims of positive alpha in popular industry publications are not valid because the analysis underlying these claims is flawed with analytical errors enabling the documenting of outperformance where in reality there is none,” Gotz said. (...)"
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