Global Matters Weekly – 26 October 2020

ESG: Don’t be a spectator
by Jackson Franks

Environmental, Social and Governance (ESG) investing is at the forefront of most investors’ minds and the real estate sector is no exception. A survey published by Bentall Kennedy, Real Property Association of Canada (REALPAC) and the United Nations Environment Programme Finance Initiative (UNEP FI), which included investment managers representing over $1 trillion in assets under management from North America, Europe, and the Asia-Pacific region found that 93% of investors include ESG criteria in real estate investment decisions. At Momentum we are no different.

Market Snapshot

  • Global equities returned -0.4% last week amidst a lack of direction on stimulus measures and rising Covid-19 cases
  • Polling around the US presidential race still points to a victory for Joe Biden
  • Brent crude fell -2.7% ending the week at $41.8 a barrel
  • Gold rose +0.1% to end the week at $1902.1 an ounce