ESG is now firmly established as an investor requirement of fund managers, but that adoption has not always been smooth. Efforts such as the Equilibrium Forum, an annual conference produced by Equilibrium Capital, provides investors, consultants and operators with an opportunity to share their ideas and experiences around ESG investing.
All financial markets experience periods of imbalance. An extreme mismatch between demand and supply, particularly when the former far exceeds the latter, can be very dangerous indeed – setting up distorted incentives for issuance, as the sub-prime mortgage market dramatically demonstrated in 2007.