Do-goodism? Fad? Bridgewater Associates and CT s state treasurer commit to sustainable investing
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Carsten Stendevad is co-chief investment officer for sustainability at Bridgewater AssociatesContributed photo /Bridgewater AssociatesShow MoreShow Less
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Ray Dalio, founder and co-chief investment officer of Bridgewater Associates.Ng Han Guan / Associated PressShow MoreShow Less
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For a number of Connecticut’s leading investors, evaluating their portfolios’ performance involves much more than just calculating the monetary return on investment.
Officials at Westport-based Bridgewater Associates, the world’s largest hedge fund, and state Treasurer Shawn Wooden are among those who have responded to clients’ and constituents’ concerns by taking a more holistic approach to deploying capital. They reflect the growing number of companies and government agencies that are scrutinizing their investments’ societal and environmental impact a shif