Morgan Stanley's Horacio Valeiras says that sector and country factors are equally important in explaining stock performance across the world, while sector considerations account for about two-thirds of the effect in the euro area.
The few services that claim to diligently review investments fail to even effectively monitor investment performance, much less compliance, ethics and other considerations.
Increasingly, however, major institutional investors are integrating sustainability considerations into their investment decisions, especially evaluation of risk and long-term value creation of stronger sustainability performance.