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Activist Hedge Funds Have A New Target: Polluting Companies

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Rupert Hargreaves
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As billions of dollars pour into ESG and green energy funds worldwide, hedge funds see an opportunity. Managers are refocusing on ESG compliant investments, and activist investors are taking aim at companies they believe need to clean up their act.

Q3 2021 hedge fund letters, conferences and more

Pollution

Leading the charge is Engine No. 1, a hedge fund that is less than a year old. It manages around $250 million for clients but has already made a substantial impact in the world of ESG investing.

Engine No. 1 made headlines earlier this year when the manager took on ExxonMobil. Despite its small size, the fund used a 0.02% interest in the...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha