Paul Tudor Jones, hedge fund billionaire, wants to do away with 'ESG'
Publishing timestamp: 2023-01-11 18:18:43
Summary
Paul Tudor Jones, billionaire hedge fund manager and co-founder of nonprofit Just Capital, says that workers should be the focus of ESG discussions, not the environment. ESG-branded funds from companies including Blackrock, Vanguard, and Fidelity have drawn record inflows, and held up better last year than many critics expected. Just Capital released its annual Just 100 list on Tuesday, which is based on polling of American public and issues they say matter most to them when it comes to corporate leadership. This year's list was ranked based on fair, living wage as the top-most prioritized issue. Companies on the Just 100 list outperformed Russell 1000 and Nasdaq last year.
Sentiment: MIXED
Keywords: investment strategy, social issues, climate, t-mobile us inc, esg investing, blackrock inc, business news, nasdaq inc, corporate governance,