In this second of three web seminars, please join Aaron Filbeck, CAIA, CFA, FDP, CIPM, Director, Global Content Development at CAIA as he discusses the characteristics of hedge funds, including recent statistics on the growth of the industry and an overview of funds by age, domicile, and concentrations across the hedge fund universe. We look at hedge fund industry performance and the dynamics of particular investment strategies. Finally, we cover issues with hedge fund industry databases, noting the role of indices, the presence of biases, and the implications of imperfections in performance measurement process.
Aaron will then present an overview of environmental, social, and governance investing (ESG). First, we discuss the history of ESG investing, including its evolution from values-based investment philosophy to a data-centric investment process. Next, we compare the three primary approaches to ESG investing: socially responsible investing (SRI), impact investing and ESG integration. Finally, with a focus on ESG integration, we discuss the three pillars of ESG: environmental, social, and governance, and how an investor may consider each when making investment decisions.
Aaron Filbeck, CFA, CAIA, CIPM, FDP, Director, Global Content Development, CAIA Association
Director, Global Content Development, CAIA Association