Vanguard ESG fund adds casino, oil, guns, and prison due to FTSE error

Posted Leave a commentPosted in News

It seems to have been a mistake by its index provider FTSE, but this tweet by Eric Balchunas of Bloomberg shows five stocks Vanguard‘s ESG fund that many professionals would not likely rank high on ESG measures. While I believe ESG and ethical factors in investing are far more subjective than quantitative factors like value […]

Zuckerberg Russia Facebook is Not a Democracy

Facebook is not a democracy. Does that matter to shareholders?

Posted Leave a commentPosted in Investing

68% of shareholders want to replace Mark Zuckerberg as chairman of Facebook Inc (NASDAQ: FB), but Mark Zuckerberg still holds the majority of voting shares (source: Facebook March 2019 Quarterly Report, page 54). As much talk as there is about Facebook’s role IN democracy, this is a reminder that the corporate structure of Facebook IS […]

ESG Panel on the Bloomberg Gender Equality Index

Posted Leave a commentPosted in Events

Today at Bloomberg, we discussed the β€œS” in ESG with a focus on investing in listed companies that empower women, with Fion Li, the HKEX’s Angelina Kwan, and HKU Professor Stacilee Ford