ESG 'purely the delivery of alpha' - RLAM's Mike Fox

Speaking at the Adviser Home ‘Sustainable Investing' event, Fox (pictured) said ESG should not just be looked upon as the implementation of personal beliefs but also as the delivery of investment performance. "As a fund manager and nothing else, I view this as a market inefficiency - and so a way of delivering alpha," he added.  ESG had largely been underused by fund managers, explained Fox, because its more subjective considerations were quite different to the factors traditionally used to analyse potential investments.  "This is the only industry I can think of where people still...