January 18, 2023.
ESG investing has captured the imagination of countless investors, with many now pivoting their portfolios to align more with their convictions and the real-world impact they want to make. But for one portfolio manager, there has to be a balance between values and value.
“ESG is very important for us. But we won’t buy a stock solely because it has a high ESG rating,” says Francis Sabourin, portfolio manager and investment advisor at Francis Sabourin Wealth Management with Richardson Wealth. “We also have to consider the value of the stock.”