Veriti in the News: Dennis Hammond answers Dr. Kazemi’s attempts to assuage any concern endowment managers and their advisors may have due to studies such as his and Richard Ennis’, Co-Founder of EnnisKnupp.

Unfortunately, neither of Dr. Kazemi’s assertions is accurate. Dennis explains why.

“Our objectives are to determine whether endowments met various return goals over time and whether returns on average could be systematically improved.”

Dennis Hammond explains in his recently-published Journal of Investing article.

McKinsey Quarterly cites: “More than 2,000 academic studies have examined the impact of environmental, social, and governance propositions on equity returns, and 63 percent of them found positive results (versus only 8 percent that were negative).”