Pareto Asset Management is an independent fund manager, established in 1995. The company is part of the Pareto group, headquartered in Oslo, with branches in Stockholm and Frankfurt.
We’ve stated, time and again, that responsible investment is not about being altruistic. We believe that it will also pay off. However, research is piling up that seems to indicate otherwise.
Are we sacrificing returns after all? And if so, why do we keep at it? Learn why in our latest report on responsible investing, no. 1-2023.
The past year turned out to be unusually eventful, with outright war, sharply rising interest rates and towering warnings of an imminent recession. It also turned a lot of accepted wisdom on its head.
The defining event of 2022, by far, was the Russian invasion of Ukraine. The financial world lost no time in condemning it as a horrifying act of aggression but, in retrospect, took far longer to realize the financial consequences. One week after the invasion, the S&P 500 was up almost 4%. At the end of the year, it was an altogether different story.