Markets

‘Elizabeth Warren is right’: Activist investor Jeff Ubben quits his $16 billion hedge fund to launch an ESG firm, citing companies that ‘aren’t working for society or nature’

Jeff Ubben is leaving $US16 billion hedge fund ValueAct Capital to start a new fund focused on environmentally and socially responsible investing, The Financial Times reported Tuesday. The activist investor hopes to use the fund – named Inclusive Capital Partners – to “prove that there’s a return” in impact investing. […]
‘Elizabeth Warren is right’: Activist investor Jeff Ubben quits his $16 billion hedge fund to launch an ESG firm, citing companies that ‘aren’t working for society or nature’