A top Goldman Sachs analyst is fighting a common misconception on Wall Street (GS)
|05/14/2017||Posted by BusinessMediaguide.Com under General World News||
Impact investing and sustainable investment solutions are becoming more and more popular on Wall Street.
But there is a misconception that these solutions, which consider the environmental and social impact of investments, are not focused on getting the most return on investors’ capital.
Derek Bingham is the head of GS Sustain Americas, Goldman Sachs’ US “research product team focused on global quality.”
Bingham’s team seeks to identify the sustainability measures that best align with returns in the long term. He said the belief that sustainable investments known as ESGs, which stands for “environmental, social, and governance,” were tied to underperformance, or were useful read more >>>