After a strong year in 2020, the valuations of some sustainable investments detached from their underlying fundamentals, as naïve flows into ‘ESG assets’ chased opportunity. Given our clear ESG focus, this might have led to the Fund struggling against the benchmark; however, the diverse nature, and active management, of the portfolio helped the Fund keep pace with the market, despite the difficult environment for sustainability-focused stocks.
Our annual report explains our investment philosophy, examines our engagement highlights and ESG outcomes, and provides case studies illustrating how we integrate ESG and engagement into our investment process.
Federated Hermes Global Equity ESG Fund
Past performance is not a reliable indicator of future performance.
