After drawing both cheers and rebukes from within the finance industry, HSBC Asset Management’s suspended head of responsible investing has now caught the attention of academia.
A presentation delivered by Stuart Kirk earlier this month offered “spurious correlations,” as well as “weak methods” and an “even weaker” grasp of financial theory, according to Noel Amenc, a PhD and associate professor at EDHEC Business School, and Frederic Blanc-Brude, a PhD and director at EDHEC Infrastructure Institute.
Read this story on Bloomberg.com
Our open letter to Stuart Kirk can be found here.