Tag: public pension investing
![The words “ESG” written in a word book. Close-up. It is an acron](https://crr.bc.edu/wp-content/uploads/2023/06/The-words-22ESG22-written-in-a-word-book.-Close-up.-It-is-an-acronym-for-22Environment-Social-Governance22-1536x1024.jpeg)
And despite the hype, new study concludes it hurts returns. I have always been an opponent of social investing – that is, investing with the aim of making a political statement – in the public pension environment. It’s an easy case to make for a number of reasons. First, while such efforts often have powerfu…