ESG investing

OK, so you want to own a big global diversified bulk miner, to take advantage of the impending commodities boom – let’s take a look at the contenders, BHP and Rio Tinto. Here’s the tale of the tape. BHP (BHP, $36.35)Market capitalisation: $183.7 billionOne-year total return: +6.9%Three-year total return: +17.9% a yearFive-year total return: +14.2%…

Climate change is a systemic risk. Here’s how to handle it.

In the wake of the pandemic, investors have continued to pile money into variously labelled ESG/sustainable funds. According to data published by Morningstar, by the end of June 2020, assets in these funds surpassed $US1 trillion for the first time on record. The number of products offering sustainable strategies is also rising sharply with more asset…

Capitalism’s days may be numbered – at least judging by recent polls. A majority of millennials reject the economic system, while 55 per cent of women aged 18 to 54 say they prefer socialism. More Democrats now have a positive view of socialism than capitalism.