Abraham Lioui is a professor of finance at Edhec Business School. He has just co-authored a research paper entitled "Chasing the ESG factor", which has already been covered this week by the Financial Times. In this interview with Finascope, he explains that if responsible investment has benefited from significant flows in recent years, it is because of the...
"The marketing argument of ESG outperformance is fallacious"

Abraham Lioui: "If you want ESG, you have to pay for it and accept a lower return."