Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.One of the country's top activist investors Jeff Ubben announced he's leaving his $16 billion hedge fund ValueAct, theHe is leaving to start an ESG firm, an investment organization that focuses on a company's environmental, social, and corporate governance performance to determine future profitability.
Ubben said American investors think too much about the short term and that it's time to change the financial model to focus more on the long term. He believes impact-focused activism aimed at older legacy companies can drive bigger profits than traditional activism.
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Don't sell the skin till you have caught the bear. To been seen what the exact understanding of ‘socially responsible’ will look like.
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