Fundfire, June 11: Endowments and foundations that have placed bets on environmental, social and governance (ESG) investing are experiencing the pay-off…“What we’ve seen with ESG strategies, whether they be individual strategies or separate pools, is that they’ve been performing in line or better than non-ESG strategies over time,” says Craig Metrick, a managing director of institutional consulting and research at Cornerstone Capital Group. “ESG strategies tend to do well in down markets. [E]SG strategies have a longer time horizon, lower turnover and can be higher in quality as well, which will help in certain markets.”

Full article here (subscribers only).