While many ESG managers did outperform traditional benchmarks in the last few months, we must not forget that there is more to good performance than outperformance. For those advisors whose primary goal is benchmark outperformance in short timeframes, ESG portfolios may not be for them. But for those advisors whose client portfolios are goal-based, sometimes mitigating risk is as important as seeking return. Now is the time to choose sustainability over indifference.
Thank you all for your participation in contributing your thought leadership and perspectives and for the readers, who are welcome to comment below, in being part of this dialogue. — Bill Hortz, IID
The Institute for Innovation Development is an educational and business development catalyst for growth-oriented financial advisors and financial services firms determined to lead their businesses in an operating environment of accelerating business and cultural change. We position our members with the necessary ongoing innovation resources and best practices to drive and facilitate their next-generation growth, differentiation and unique community engagement strategies. The institute was launched with the support and foresight of our founding sponsors — Pershing, Voya Financial, Ultimus Fund Solutions, Fidelity, and Charter Financial Publishing (publisher of Financial Advisor magazine). For more information, click here.