ESG alternatives raise a dilemma for Prudential Hong Kong

Prudential Hong Kong says a lack of established metrics to evaluate emerging ESG-focused alternative investments is making it think twice before committing capital to the segment. The insurer identified shortfalls including a scarcity of traditional evaluation models such as measures of returns, yields, fees and risks to help better understand assets in the class. “It doesn’t mean that we’d dismiss it – we just need a bit more time to look at it,” said Fanda Ho, Prudential Hong …