By Benedict Yap, CFA
Head, Environmental, Social and Governance (ESG)
And so the second quarter of 2020 has passed us by and what a quarter it has been. In the equity markets, what began as a cliff-like drop has since been followed by such a rebound that many are now debating on the appropriate alphabet to use in describing the recovery over the last three months. Such gyrations notwithstanding, we continued to observe the presence of underlying ESG currents in the everyday, be they in policymaking, rising social tensions, or even the latest fintech scandal in Germany. We share some perspectives on these fronts, and along the way, also come to see that there can never be too much time or effort expanded if a truly desired outcome is to be achieved.
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