Issue 65 / September 2020
Trustnet
SIN CITY
Can morally questionable
stocks rebound?
The beginning of the end for fossil fuels
THE FIT MAN OF EUROPE
Why fund managers are
overweight the continent
DESPERATELY SEEKING…
Options for sustainable
bond investors
Fund, Pension, Trust / Data Hub / Sector Profile / Stockpicker / What I Bought Last
ISSUE 65
CREDITS
TRUSTNET MAGAZINE IS
PUBLISHED BY THE TEAM BEHIND
TRUSTNET IN SOHO, LONDON
WEBSITE: www.trustnet.com
EMAIL: [email protected]
CONTACTS:
Anthony Luzio
Editor
T: 0207 534 7652
Javier Otero
Art direction & design
E: [email protected]
Editorial
Gary Jackson
Editor (Trustnet)
T: 0207 534 7680
Rob Langston
News editor
T: 0207 534 7696
Eve Maddock-Jones
Reporter
T: 0207 534 7676
Abraham Darwyne
Reporter
Rory Palmer
Reporter
Sales
Richard Fletcher
Head of publishing sales
T: 0207 534 7662
Richard Casemore
Account manager
T: 0207 534 7669
Constance Candler
Account manager
T: 0207 534 7668
Photos supplied by iStock
Cover illustration: Javier Otero
Editor’s letter
While getting
scooped by
a rival is an
occupational hazard for
a journalist, if you are
writing about why we
may have reached peak
fossil-fuel demand, the
last person you would
expect to get usurped
by is the head of one
of the oil & gas majors.
Yet this is exactly what
Contents
Stranded
Anthony Luzio finds out why we
may have already reached peak
fossil-fuel demand
P. 4-17
Investing for a positive
impact
Baillie Gifford Positive Change’s
Kate Fox tells Iona Bain what is
meant by impact investing
P. 18-21
happened as I was
finishing up this issue,
as BP chief executive
Bernard Looney
admitted the glory days
for his industry may
already be behind it.
Nevertheless, if you
wish to understand
what is behind the shift
in sentiment, turn to
this month’s cover story
overleaf.
44
Sin city
Cherry Reynard asks if the ESG
boom has created a contrarian
opportunity in morally
questionable stocks
P. 22-29
Desperately seeking
sustainable income
Rebecca Jones weighs up the
options in sustainable bonds
P. 30-37