Esg investing is incoherent and ineffective

seem like an odd place to anchor a climate summit. At a time when leading climate thinkers are increasingly calling for systemic change, it screams tradition. Built in 1411, the medieval auditorium is

The last 50 years have been kind to investors in real terms. Everything made money: equities, bonds, property and gold. All investors had to remember was not to buy high and sell low. But that hasn’t

If you’ve ever put cash into an exchange-traded fund (ETF), it is likely to have been a passive investment: a fund that tracks a particular stockmarket index up and down, rather than actively trying t

Companies in the news and how they were assessed

Things haven’t been great for the UK stockmarket over the last two decades. Indeed, the City has been a “serial underachiever”, especially when compared with the US, says Andrew Jones, a portfolio man

In 2005, BP was No. 2 on the Fortune Global 500 and was carving out a role as an early adapter to the green energy transition. Now there’s speculation about whether the struggling $85 billion supermajor will survive as a freestanding company.