Chet Pohl, Group Partner at Appleby in Guernsey,
discusses how the focus of investing is shifting more towards ESG
issues.
"The point is, ladies and gentleman, that greed, for
lack of a better word, is good." Gordon Gekko. 1987.
At a time when the fictional poster boy for 80's capitalism
declared that "greed is good", in many respects it
already stood as the unwritten ethos which underpinned every
investment strategy, every investment objective and every
investment parameter for every investment fund which had a single
aim....don't just show me the money, show me the alpha!
Investors wanted returns, and the bigger the returns, the
broader the smile. So that is exactly what the industry set out to
deliver, in whichever way it could.
