Traders work during the opening bell at the New York Stock Exchange on March 13, 2020 at Wall Street in New York City.RBC's analysis of ESG hedge funds found that in the second quarter, they bought stocks that had been winners during the March sell-off — and turned out to be winners in the subsequent rally.
Since they beat the market during its three most notable and recent phases, those 20 stocks have delivered outstanding relative returns, according to strategist Sara Mahaffy.That's the conclusion of a team lead by RBC Strategist Sara Mahaffy. After poring over the holdings of both traditional and environmental, social, and governance-focused hedge funds, she writes that the stocks ESG funds liked the best in the second quarter are pulling off a difficult trifecta in 2020.
Since then the S&P 500 has dropped 6.1%, and the tech-heavy Nasdaq endured a 10% correction. The bulk of ESG hedge funds' new picks fared better. Overall, theirIt's been part of a good run of stock-picking for ESG funds, as Mahaffy also notes that stocks popular with those funds but less-liked by traditional hedge funds are also significant winners.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside MatPat's Game Theory YouTube strategy and business: interview - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Investing advice, best hedges after stock market's September drop: JPM - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do you need BLACK & WHITE concept yes, i will help you. feel free to click link below. I'm waiting for you responses :) Invest in alternative assets.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Investing strategy: Ex-Goldman trader shares stock picks, top ideas - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to get a job at Instagram in 2020: interview prep, referrals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. YOU NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.📊📈
Source: BusinessInsider - 🏆 729. / 51 Read more »