Thanks David. Interesting stuff!

Its interesting that the ESG/RI world is quite bullish about quant strategies, the latest to announce a new appointment being La Compagnie Benjamin de Rothschild & I appointed one several years ago when I headed the AXA IM ESG team.

Cynics could say this was because the RI world is behind the curve! I wonder whether it might be because ESG quants are using data that "not everyone uses"? Eg at AXA IM we used human capital management data which even qualitative analysts believe (erroneously) not to be available.

I wonder if there is enough ESG quant activity to do a proper research project into whether there is a difference of sentiment exists and if it exists, whether ESG quants are "out-performing" traditional ones?