Trium Capital ethical hedge fund the Trium ESG Emissions Impact Fund has returned 5.8 per cent this year – ahead of 97 per cent of its peers – by avoiding big tech stocks such as Facebook owner Meta Platforms, according to a report by Bloomberg.
Similar hedge funds have averaged a 0.8 per cent decline.
Bloomberg quotes Trium co-Chief Executive Donald Pepper as saying that there are plenty of European companies that offer more more enduring ESG attributes.
The fund’s holdings are said to include SSAB AB, Earmet SA, and Centrica.
