In an Option Finance article devoted to the involvement of French institutional investors in financing the defence industry, Frédéric Petiniot, Chief Executive Officer of Amadeis, comments on the recent evolution of investment dynamics in this sector.
Even when companies active in the arms industry were not explicitly excluded on the basis of extra-financial criteria, fund managers tended to refrain from investing in these companies, which might appear to be out of step with ESG; there has been a marked change in this point of view in recent months.
Frédéric Pétiniot
To find out more, read the full article here.