Showing 1 - 2 of 2
Making ESG ratings count for something
Oped, Hazel Ilango, Published on 04/05/2023
» MSCI, one of the most influential gatekeepers of environmental, social, and governance ratings, is about to downgrade the ESG ratings of 31,000 investment funds in one fell swoop. The dramatic move comes after MSCI decided to update its methodology and require funds to meet higher standards for AA or AAA ratings. One would expect a move with such a potentially far-reaching impact on financial markets to be scrutinised in advance by regulators. Alas, ESG ratings providers (ERPs) have so far flown under the regulatory radar.
Trying to determine if the crypto winter is ending
Business, Hazel Hernandez, Published on 08/04/2023
» In late 2022 the cryptocurrency market crashed after a heady period of successive highs. The value of Bitcoin dropped 63%, the overall cryptocurrency market lost $1.63 trillion in value, and thousands of small altcoins were pretty much wiped from existence.