Short the villain! ESG short-selling is unexplored territory
For those looking to make an impact investment without the pain of market corrections, the solution can be simple: Buy the best-in-class, short the villains, and keep the portfolio neutral.
Earlier this month, the European Securities and Markets Authority, Esma, warned of further corrections in the stock market. Esma chair Verena Ross said the resilience of the financial system was being tested by “fragile liquidity”. The warning proved justified.