The December edition of The Hedge is out. As usual, we look at a few of the key stories that have crossed our desks, from disappointing fund performances as Omicron weighs on markets, activism in the US, interesting US institutional trends, crypto developments and this month we have a particular focus on ESG.
We also take a slightly deeper dive into Elliott Advisers, currently the most active manager in the global marketplace.
In this edition, we have four excellent and very different guest articles from key firms in their respective markets, all looking at ESG from different angles.
The first is Olivia Seddon-Daines, Head of Engagement at Somerset Capital Management, who writes about the intricacies of investing in emerging markets and how Somerset Capital has tailored their ESG approach to these regions.
In the second, Myles Watkiss, Senior Analyst at Stenham Asset Management, looks at Stenham’s approach to identify ‘true specialist’ managers who can generate alpha from energy transformation.
The third is by Vincent Molino, Head of Risk and Risk Management Solutions, Northern Trust Front Office Solutions, writing about how clients’ requirements are changing to include ‘ESG ODD scope.’
And our fourth guest is Tayna Lutyens from Lutyens Advisory, who approaches this from a family office perspective and how the ‘ESG talent war’ is hotting up as investors increasingly focus on sustainability.
COP26 may have been a few weeks ago, but it has served as a useful reminder of how integral ESG is to our space and investors. So going forwards, we will always include an ESG section in this publication.
To round off this edition, Matt Raver from RQC Group provides an invaluable regulatory update, with changes in the FCA’s approach to ‘bundled research’ and best execution, plus much more.